I've been researching REI'ing for the past 6 months and I have yet to purchase a property. I live in New Jersey where property values and property taxes are very high. I don't have any construction experience, so I ...
Who has had their rental significantly damaged by a hurricane/tornado/flooding? What's the basic steps if the house isn't habitable? I'm guessing we end the lease, contact insurance, do repairs - then relist it for ...
I just found out my tenant is AirBnBing my house. What should I do? I somewhat like the fact that they are keeping the house clean and there is less wear and tear, kitchen use, etc. The host has been getting good rev...
As I've been on my investment journey, my investment goals have changed. Initially I wanted to acquire 20 rentals, but now I believe 10 would be a great number for me. I'd love to hear about the journey and end goal o...
Dear Community,
I hope this message finds you well. I'm currently faced with a financial dilemma and would greatly appreciate your insights and advice.
Background:
I am 23 years old and earn a monthly salary of $...
This year, I had an impressive first in my landlording career. I've already had to change out two legacy bathroom sink drain assembles in two rentals in two months. Anyone who has had to do work on bathroom vanity dra...
I wanted to share a recent experience. I recently received a letter from one of my lenders (Flagstar bank) calling out a deed transfer I made around 2-3 years ago. I transferred a deed via quitclaim from my name into ...
BP contributors:
I for one believe we're not going to see a real estate crash anytime soon, and I firmly believe in the power of pessimistic thinking. But I'm also not wholly ignorant of all the aspects of this busin...
CASH IS KING!!!G'Day everyone,I'm going out on a limb here so before you condemn my thoughts at least have a read and try to understand them.Why does modern day society always want more more and more? GREED that is wh...
I have been renting a house for the past 7 years in LA and now sadly the family wants to move back in. I figured it's time to buy my own place, especially with rents so high, but timing couldn't be worse. Every home h...