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Laid off from 14 years at a job, working 100% commission and earning the most I've made ever in only 6 months last year (2022, over $200k). It was a J O B. Not much fun, but I was great at connecting with others, bein...
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When we purchased our 3 unit bldg together (newly married) in 2006, there not yet any red flags of the pending housing crash that reared its ugly head that very same fall. Some say 2008 but this part is not impt to t...
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I feel like someone needs to push back on the BRRRR strategy a bit. Disclaimer: I use the BRRRR strategy and it is a very powerful investing tool that can create great returns.
With that being said, I lost a lot ...
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What size multifamily building does a $1MM purchase price get in your market for a true C/B Class area? Here in Palm Beach County, Florida the most you can get is a 5-8 unit building for that price point. Somewhere in...
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I notice that it's a mixed bag when it comes to management on here. Half prefer to manage all their properties themselves and the other half won't touch a property without a manager/management company. Why is this suc...
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Hi All,My name is Tony. I'm a newbie to this forum and relatively new to the real estate investing world. I'm interested in buy and hold as the rental income could be a great source of passive income. I do have a rent...
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Just starting showing my rental property about 1.5 weeks ago, by appointment only. It seems like a nice gesture to have private tours for the potential tenants that show up, but it also takes a lot of time. So what ...
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Fellow BP-ers,I have been in the short term vacation rental and SF long term rental business for 10 years now, and am entering the multifamily side of REI in an effort to scale and expand my business. I have read a m...
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So long story short, my interest rate has increased on my rental property and my mortgage payment went from $1220 a month to $1969. Tenants pay $2350/mo and after the rate increase, this no longer covers mortgage/taxe...