My wife has this theory that lower rent actually gets you better qualified tenants, on the premise that since they're more desirable but often just as frugal as anyone else they can stand out from the field and get th...
I had a sheriff lockout today on a rental in an average residential neighborhood. I inherited the tenants in a owner carry purchase. They had lived there 12 years prior, but had adversion to paying rent. I have...
I'm an owner of a 2 family, non-owner occupied residential property.
This property is co-owned with my mother. The deed is 75% my mother, 25% myself, with a Right of Sole Survivorship.
We are now planning to sell sa...
Hello everyone. Purchasing my first buy and hold rental in Baltimore this month. After running the numbers, it looks like it should cashflow:Cost of purchase: 60kDown payment: 9KFully renovated so no costs for repai...
We purchased our home almost three years ago. The house was a fixer upper and listed for sale as having a new roof. A few days ago we notice a small amount of water intruding through the ceiling of our dining room. ...
It seems these days people are running around like headless chickens in a panic mood. The housing market is crashing, and the economy is collapsing, the world is gonna end!Then there are those on all kinds of platform...
Hi everyone and thanks for reading. I've been doing my research by reading and listening to BP podcasts. I thought my plan to invest would be one SFH every 6 months with a budget of 30k (not 30k house price but 30k fo...
HI BP,I already declined the bank's counter but I'm open to hearing others' views as the property is still available. The property is a SFR 2br/1.5ba initially listed at $80k and reduced to $65k. The property could gr...
Hi I am CA resident and invested in two syndicate deals over the past two years. The syndicate property are located in GA and AZ. despite the loss each year, I have been e-filing state tax separately for GA and AZ. ...
I'm new to the whole real estate world but I'm VERY motivated to learn the ways and make a full time career for myself. I purchased my first home 2 years ago (primary residence). I plan to buy my first investment prop...