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Ok this sounds horrible but please read it all. I just bought my son and his wife a condo here in miami. My son is a trader, he's 27 years old and he was renting a unit for $6,500/month a big waste of money imo. He...
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I see that it is a common goal for Buy & Hold investors to own several rental properties. Wouldn't having multiple mortgages expose someone to an excessive amount of risk? Suppose there's a market crash, rental ra...
Hi BP!
I recently looked at a 1950's home, and during our inspection it came to light that a material called "Cemesto" was used for the (flat) roofing structure.
While the roof seems to be structurally sound, in res...
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I am starting to look into properties to buy, and have a question for those who have already gone down this road: is it better to buy two small multi-family (say, duplexes) or one larger one (say, 4-6 units)? What are...
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Hi BP Members,I just got my first property under contract! I am excited about this , but concerned at the same time. I've also lost my sleep over this for past 2 days.Here's why.As soon as I presented the contract to ...
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A “renter’s choice” city ordinance — requiring landlords to accept renters’ insurance and other alternatives to a cash security deposit — passed last week by Cincinnati City Council was featured in a weekend article b...
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I’ve always been the laziest person I know. By far. From childhood, I never really saw the point of having a job. I knew some people didn’t have jobs, but made a ton of money and did whatever they wanted. I just figur...
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Hi Everyone - I'm interested in finding Cash Flow Positive Properties in Ski Resort Towns. I've found Colorado to be one of the most expensive in the US, maybe followed by Park City/Deer Valley, Utah. Are there any ot...
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78% of American Workers are living paycheck to paycheck (and the 22% who are not are probably not renting).
https://www.forbes.com/sites/zackfriedman/2019/01/11/live-paycheck-to-paycheck-government-shutdown/#7977e25c...