Hi everyone! My name is Stephanie, and I'm a new member and wannabe investor in Malden, Massachusetts (just north of Boston). I just graduated from college and am currently working in Salem, New Hampshire. I started l...
So I owe two homes that I'm renting out, one tenant is paying just fine but the other tenant owes me two months of non-payment and are not paying since she's been unemployed. If she applies for unemployment, she'd be ...
I have heard from people on these boards that I can expect the operating expenses of the house I purchase to rent out would be about 50% of what I can get for it monthly. I could be misunderstanding it, but how is th...
Hello!I'm new, and still working on understanding analyzing deals. One thing I wonder is if any investors here have calculated how much time they spend per deal, or how much time they spend on management and maintain...
I am just starting to explore the turnkey option of investing, and right away, I am having serious doubts, because it doesnt make sense. It sounds too good ....If a turnkey outfit buys a distressed property at a disc...
I wanted to share a recent experience. I recently received a letter from one of my lenders (Flagstar bank) calling out a deed transfer I made around 2-3 years ago. I transferred a deed via quitclaim from my name into ...
Hey guys, wanted your take on something. My neighbor next door is asking to split the cost of converting a wood fence to cylinder blocks due to my tenant hosing down the yard due to pets waste and water sloping into h...
At the beginning of each year I take the time to research and reflect on various markets throughout the country so as to provide a road map to my acquisition search for the year. As an active buyer of apartment compl...
This house barely cash flows. I worry about it being near the peak especially in LV due to the looming recession. With 85k involved in closing, it isn't an ideal time to buy if the market turns against me and I can bu...
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...