Hi guys. I’ve recently closed on my first mobile home park in South Carolina. I’ve had it about 2 weeks and am looking to strictly rent out the lots. However, as expected, the demand for this is much less as people ha...
Hello BP'ers,I need some advice on which direction to go: with a starting capital of $125K, which is the most affective way to get cash return in a year or two? My goal (like everyone else) is to aspire to live off of...
Hi all - I'm new here, but have watced and read for a while without jumping in. I'm buying a house sub2 and the seller is asking me for a written guarantee that we will pay his payments. In the past, I've never had to...
Hey everyone, I need some advice. I have a tenant who is complaining that his fridge is broken and leaking, but the repairman cannot find the source of the leak and said the fridge is working perfectly. There is water...
Hi everyone,Many people on BP are seeking a mentor to help them with investing in real estate. My question is what qualities and or skill set do you look for in a mentor. What are you looking to get from the relatio...
I am looking to obtain my first investment property sometime within the next 6 months. I've already been through the process of making an offer, but I ended up backing out because the property was in a flood zone and ...
How are tenant property improvements handled???
Example.
Tenant installed laminate flooring.
Tenant installed new exterior door.
Tenant installed fence on the property.
Floor to ceiling mirrors glued to drywall...
I'll cut straight to the point:I am purchasing a 3 family to house hack and I want to get rid of PMI as soon as possible. Here are the numbers.Purchase Price: $335,000Gross Income $3600.I have the money to put down 3...
I am an aspiring real estate syndicator looking to invest in apartment buildings around major universities, and renting them out to a niche group of university students. Based on my research, I feel this is a group...
A financial advisor has told me about using a Single Premium Immediate Annuity (SPIA) as a vehicle to lower my capital gains with the sale of my rental property. It is to be setup as a structured allotment sale over ...