Jack Cottrell
Help me adjust my expectations - first deal pending
I'm a complete noob. I'm planning to put in my first offer on my first rental on a SFH in Kansas City in the next day or two.$140k offer8% interest rate20% down8% management fee5% vacancy5% maintenance 5% cap exI have...
Tony T.
NY Bill Would CANCEL Rent for 90 Days, Not Postpone.
https://reason.com/2020/03/25/...
The state of New York has a bill to CANCEL rent for 90 days for workers affected by the virus! This isn't deferring rent payment; it is waiving it.
Those landlords who have mortgage...
Hassan Omar
For Jan, Feb and March I'm going to buy some houses; here's how..
Hey folks, happy new year.
The other day I was asked to show a friend all the steps required to find and buy a fixer upper house here in the Atlanta market. Not a hard task, but doing it the right way is. That said ...
Stephen Witkowski
Why Do I Need A Real Estate Agent?
Hi everyone!I’m a new real estate investor. I’ve started to learn more, browse the forums, listen to podcasts, and attend meetups. I keep seeing people seek out and utilize real estate agents, but I’m not sure why.Sim...
Lauren Van Riper
Tenant wants extension - you will not believe the reason
Long post - HELP.I got an email this morning from my tenant that I sent a non-renewal letter to last month. I gave this tenant an extra month to find new housing as it is very difficult to find housing here. She has ...
Blake H.
A Punch to the Gut 👊
Just received news that I am not permitted by the city to purchase another property due to the affordable housing covenant im contracted under. Not the news I was hoping for and this will severely impact the financing...
Davido Davido
Seeking to use abandoned Tax Delinquent properties for privacy & tax avoidance
Hello friends in the BP community.Can you help me to develop this plan for investing in abandoned Washington State real estate with emphasis high on ethics and to maximize my business privacy while minimizing my entan...
Nick Kenrick
Hesitancy to Invest - is it Morally Right?
Hi all,I've done a little bit of real estate investing - I currently own 3 single family rentals in Indianapolis. I also own my primary residence and plan to convert the garage into a studio. I'm doing fine and see op...
Diane G.
If you are buying when unemployment is 4%, you are buying trouble
I googled the unemployment history of US, and here is the chart... Out of the past 65 years, maybe 10 saw unemployment at around 4%....All other 55 years were higher.... If you are buying RE in today's enviroment when...
Account Closed
Should I file for bankruptcy?
A couple disclaimers before I start:If you look through my profile and previous posts, you'll see that I am young (just turned 22), and also may believe I don't have the right mindset or maturity yet to start REI. Thi...