Hey BP! First post here, but I wanted to share my experience with my first investment property/house hack. Its a 3-family located in the Columbus Park neighborhood of Worcester, MA. Purchased completely vacant for 450...

alright it appears as if i am heading down the divorce path again :cry: and in the agreement i will get the rental property we just bought 1 year ago. Now i have been rehabbing the property for about 1 year, i had...

I'm in a mentor/mentee relationship with a house flipper. He recently has re-entered the market and I help him with the acquisition side of things. So usually, I'm helping by scanning the MLS for rehab projects and re...

Hi BP, I am looking for a property for rentals. Now I found a good deal with a swimming pool. My agent saying having swimming pool is a plus but others say having a pool can be a negative for maintenance and high insu...

Hello,
In chapter five of Rich Dad Poor Dad by Robert Kiyosaki, he briefly recounts how he made $40,000 with 5 hours of work by buying a "courthouse" property, listing it for less than market value, having the buyer ...

This might be answered on another forum but I trust the good advice here most always and need some guidance, After buying the property at auction we have started the renovation. One of the first items was the roof. Th...

Good morning fellow BPers,I’m looking at buying my second property, this time a multifamily with my VA loan. Most of the multifamily in my area is in Norfolk and Portsmouth VA.There’s a new casino opening in portsmout...

Hi all,I'm looking at getting my first property, but a big concern for me is unexpected expenses in the short term. What would you recommend as a cash cushion for unexpected expenses/repairs in the first year or so of...

What do you guys do with it?

I am new to this. I purchased a home that had a small cottage on the parcel that had a tenant in it. We decided to keep it as a rental and let her stay. We formed a new rental agreement and had her sign. We also were ...