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Hi Everyone, I wanted to throw out a situation I'm dealing with now and get some input on how I should proceed. I recently went to see a property in my neighborhood that I am sure is a great deal. ARV = 333k and the...
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Hey there!Long-story-short, a friend of my father is interested in investing money in real estate with me (flipping). I feel that to keep waters clear since the beginning, a partnership agreement must be signed before...
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My first rental property had an existing section 8 tenant when I bought it. I was naïve and attracted to the 'guaranteed' rent. I'd rate the tenant a 2/5, as she didn't completely destroy the property and paid rent ev...
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Hi Guys,I have found a property that appears on the surface to be a cherry deal! It's been vacant for almost 4 years, looks quite distressed on the exterior and peeking through windows, but from my limited and inexper...
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Last night I got a call from a tenant who saw his neighbor's child stomping all over the hood of his truck and has done quite a bit of damage. He had suspected something was going on so the day before had put up a se...
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I would love to have a conversation with someone regarding their experience with REITs. For example:1) What type of REIT are you investing in?>2) How long?3) What is your average return?4) Are you investing i...
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Hello Again BP, It seems like my BP Karma is only one-sided (I always ask for help, but never really give any). I promise once I finally acquire a property and officially start becoming a real estate investor, I will ...
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I see these getting more popular I have started to provide a packet. - it is filled with helpful household tips. Repair numbers of local repair guys, for things they break or cause. - Filled with help numbers for fina...
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Hello,First time landlord here. I recently bought a house at the Excelsior area for house hacking and was able to get a pretty good deal for the property itself.The initial plan was to share the place with a few frien...
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Having invested in real estate income properties since 1999, I survived the bust. Life had become fun with more income than I ever thought likely as a public school teacher. I had single family homes, some condos, and...