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Hello BP Ninjas,
I'm looking at a 10plex renting for 500 per unit fully occupied (zip 36303 AL). Seller wants 500k with 10% down on owner financing. Term will be 30 year but balloons at 3 years if I dont fi...
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Hi, a family member and I are considering investing in our first investment property. I've read that forming an LLC to purchase the property is a good way to protect ourselves from liability. However, I also underst...
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Rent to Own is great for newbie investors. Here are the reasons why:1. With rent to own, you can buy a property at closer to market value and still make money. The problem in a hot market is that getting good deals is...
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Hey All!
I am a middle school teacher that has been in analysis paralysis for over a year and a half. I have read numerous BP books, have watched countless hours of Youtube videos, and listened to way too many pod...
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This should be Landlording 101, but ...I've had this tenant for three years now. She owns a small business in the town and he works for a company that does work on roads - on and off. They have been late with rent a f...
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So I was doing a move out walk-through with a tenant and saw a big box on a shelf in the laundry room. I asked him about it. He said he had no idea what it was and that it was there when he moved in in 2009. Felt pret...
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So last month, I finally bought my first rental. I did it on a 5-1 Option ARM. I also have the same thing (5-1 Option ARM) on my private residence. Now... I'm making interest-only payments to keep from going into n...
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I've found a property that i'd like to use for personal use. Its a vacant lot that hasnt had anything built recently, however this area has alot of history dating back to the early 1800's. The houses nearby was built ...
I recently watch a youtube video by Kris Krohn about rentals vs lease option (rent 2 own). Some things he mentioned where lease options are better than rentals.- charge higher monthly rent - tenants tend to trash the ...
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Hello BPers !What are some of your favorite quotes or words that keep you tracking toward your goals?Stay well and safe everyone !