It seems like the worse the neighborhood, the more the rental profit.
For example, in a bad neighborhood, I can buy a $45,000 house that rents for ~$850/month.
In a good neighborhood, I can buy a $100,000 house that ...
I want to write the title in quotes because it's not like I had much of a strategy to start with. I bought a duplex and a turn-key SFH at a normal price for houses in the area. Both were conventional loans with 25% ...
Hello BP community! I'm almost a year into my REI journey and I currently have two sf houses. I originally paid 131k for my first property in Joliet,IL which casflows $300 per month after all expenses paid. The dilemm...
Midwestern markets are like football teams. Many people have an irrational attachment to them. Even if the population is declining, jobs are disappearing, and the city is mismanaged, they still advocate for them. So, ...
If your 401k provides a low rate of return and you know you can invest your money at a higher rate of return than the fees associated with withdrawing your money plus the opportunity cost of leaving your money in the ...
I bought a land at a County tax deed auction. I did my due diligence and both the city zoning website and the zoning expert at the City said it is residential.
I won the auction....excited....and then another...
I got renewal quotes on 2 of my investment properties in Tampa this week. Last year I paid $1475 in premiums for the 2 houses combined, but the quotes this year came in at about $2200. That's about a 40% YoY increase!...
I'm new to landlording so please bear with me.
I'm closing on a condo in the next month and I'm not sure if I should collect last month's payment or a security deposit. The condo is in a low income area so I don't...
I'm curious to see, anecdotally, how everyone is doing now that the summer is over. I know there was plenty of discussion about a slow-down earlier in the year in many markets (including mine).
I am in Four Corners....