My wife and I purchased a SFR rental for $200k. We put 20% down, only had some minor repairs before listing. PITI will be $1247/mo and will rent for $1700/mo. (I realize this is more down than most recommend, we just ...
About 2 years ago I drove by this horribly ugly blue house that I could barely see from the road. I had been reading BP posts about driving for dollars and finding the seller to buy it. After an hour of google searchi...
Hey everyone,
My husband and I had the tenant from hell in our single family home. We also hired a management company to manage the property. (Our first time as landlords, we outsourced to make sure we did everything...
It appears here there is a class action lawsuit in the works against airBNB by property owners for apparently leasing/subleasing of their property without consent. How large can the class get? Nationwide?http://www.pr...
Good evening all. We are a pretty new HOA and we are having a meeting of the membership to determine some sort of criteria for the CC&R's. There are no specifics about what members can and cannot do, so we're gett...
What's everyone's stance on having their renters carry renters liability insurance?
I was wondering if there is any investors who would be willing to share a horror story on a foreclosure they bought only to find they got more than they bargained for.To get the ball rolling he is one of mine.The stor...
Economic Update
(Monday, August 10, 2020)
The resurgence in coronavirus cases is sidetracking an economic recovery that gained steam in May and early June, slowed in July, and now indicates a rocky path ahead. ...
As I'm studying for me RE license, I'm paying close attention to the definitions/reasons for needing a RE license (Or not needing one). Wholesaling does seem to check out so far because, technically, you are not selli...
In this situation, $60,250 has been collected in rents over a 12-year period ($38,000 net), yet I cannot tell who, if anyone has a reporting or tax liability for the rents collected, or when their liability, if any, w...