I know this is a loaded question...I am selling a property in NY and live in Maryland. I do not like the idea of an out of state rental but looking for a good area for cash flow and the least amount of headaches. I...
When you hear about Detroit Real Estate most people get scared and picture burned down buildings, blight, etc. Myself included.One of my initial fears was that I wouldn't get my money back out, and that the renters wo...
I'm new to note investing and decided to take a learn by doing approach. I own some commercial real estate, ran a property management business for a while (ugh!) and owned a collection agency for 17 years. So distres...
Having a discussion at the office, and this question came up.If a dog breed is banned by the city your rental is located in, do you have to accept it as an emotional support animal?Pit bulls always get the bad rap, so...
In 2005 my oldest brother asked me how my house sale was going. I mentioned it went under contract in three days and we were making $125,000 profit. I was in the military and would be considered lower middle-income at...
Any of you who listen and follow the Ramsey debt snowball school of thought have a conflict with securing an investment with a mortgage outside of your personal home?
He says only buy real estate if you can pay cash ...
Determination is KEY! Just over 2 weeks ago I had an accumulated debt of over 18 grand. Most of it I accumulated through retail credit cards and small banking loans I had so easily been given right after my 18th birt...
People love "life hacks." A life hack is a simple strategy/process/tool/trick for improving your life in an unconventional way. For example: So... I am writing a post about "Landord Hacks" - it's the little things tha...
Hi all, first time posting here.I have been listening to the BiggerPocket podcast for a few months and would like to get my feet wet.There is an opportunity, close to where I live in Los Angeles, which asks for 2M. In...
Im new to investing and thinking about the BRRRR strategy. When cash refinancing a property, the “New loan” after the refinance is higher so doesnt that decrease your cash flow?I understand that you are taking the cas...