Account Closed I Live in Detroit. I proudly live in Detroit. But for the past couple of threads about my fine city I’ve stayed silent to see which direction it would go; but I’m back to answer any questions you may ha...
I purchased my 1st investment property from REI Nation last year and a major selling point to me was that the average tenant staying for ~5.5 years. This morning, after ~1.5 years, I was informed my tenant is termina...
If money was not an issue and i had 100,000 USD on the side to put for down payments, would investing in expensive cities like los angeles be a good idea because of the rental occupancy rate there, or would it be wise...
If you have 50k to buy rental property with, where and what would you purchase?
Hello everyone I’m new to the BP community and have already read a lot of forums for STR in Sevierville TN area but would like some advice on my situation. I’m 25 with a great 9-5 job, my wife just quit her job to sta...
So is Nashville dead for new investors wanting to buy now? Are the regulations too strict/prices too high?What about Austin? Las Vegas? Palm Springs? Columbus?
How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
Hi everyone,
New member here. Is it wise to buy a property without actually seeing the property in person. I would like to buy a turnkey duplex but it's in another state as my first rental property.
I realize I sound very defeated and that is because I am. I have been investing for seven years and I think I am done. I do complete background checks of criminal, credit, references, income, everything like I shoul...
I'm normally very eloquent. But I'm just going to talk about the issues leading to my current situation:The house I'm selling fell out of contract.... THREE TIMES.I totaled my car during an ice storm 6 weeks ago and n...