I'm new to REI and I'm considering buying my first actual rental property. The property I'm considering is a townhome that has an HOA. On the MPLS it says the HOA covers Blanket Insurance as well as a few other thin...
Hi folks, I did it! After investing in real estate for the just six years I now have enough income to retire without having to draw on my Social Security. In fact, I'm reaching the point where I need to retire due to ...
Hello BP members,I found a following deal and wondering if it make sense to have it as my first Buy&Hold.It is 2bds, 1bath apartment with the following numbers:Price $180KMortgage after 20% down with 4.5%: $811 mo...
After six SFRs between Memphis (TN) and Gary (IN), I discovered Birmingham, AL. Its extremely low property taxes and decent rent-to-price ratio spurred me to buy three properties there. It's been interesting to say th...
I purchased a condo a little over a year ago, not realizing the HOA has a rental cap. When I bought the property, I was 12th on the wait list... 13 months later and I'm still 12th. While I like living here, I'd like t...
Hi All, Just getting started with real estate (haven't even made the first investment,) and I'm trying to find out what the best way to calculate CapEx will be on properties? Thanks for all the advice everybody!
Has anyone rented a property with a below grade bathroom, say in a basement that has a sump pump? I have a SFH and am concerned about tenants ruining the pump, or worse somehow backing up the plumbing and causing a fl...
Long post alert! (Worth the read though) I hope that you find the below information useful and I hope that it helps explain what is happening in the insurance world today. It won’t matter what carrier you are with, th...
I am have two insurance agencies to choose from: one of them puts themself out there as "specializing" in real estate and the other is a general purpose one. I've done business with both of them through companies I w...
Hello all. This may be a silly question but I'll ask anyway. I'm still in the early stages of planning my business but so far have decided that I am going to own multi-family properties and rent them. My dilema is thi...