In reviewing my posted goals for 2013 and 2014 I have the following results.2013 My goal was to buy a fix and flip and add 1-3 cash flowing rentals. I bought a fix and flip in a nearby town that needed a lot of work....
Hi Everyone,My wife and I are both about 10 years from retirement and looking for passive income streams through REI. We are both full-time employees (20 and 29 years at our jobs) and have some reasonably successful ...
Should I save up a down payment for a primary residence, or use that money to invest in one or more rental properties? I know there are plenty of people on both sides, but I'm curious if someone here has done one and ...
Ok, I called the seller's agent to let him know that I want to make an offer. The house was sitting for 600k, lots of work had to be done on it and for whatever reason the seller needed to close by the 5th of October....
Hey all I am hoping to get some of the heavyweights to pitch in and help with information on the SAFE ACT.
I have been able to pick up some of it. It has very strict requirements that require every mor...
A property management company recently advised me to remove the washer and dryer in my rental stating this is more of a liability. If any damage is done to the washer/dryer or damage to property from washer/dryer, I a...
One of my PMs told me they were going to raise the rent from 900 to 925 for a tenant who has a lease expiring soon. After speaking with the tenant, they told me that they will not renew the lease if rent was increased...
Hi everyone,
I am located in NYC and am looking to purchase my first property for long term rental investment here. I am still new to this and there is a lot to learn! Would appreciate any tips, insights, or areas o...
I read the following article tonight:
Strategic Default or Efficient Breach?
that speaks about the supposed "moral obligation" to continue making payments on an underwater mortgage. The article generally jives wi...
Hi BP,So I'm planning on buying my first home around the end of the year and I would like to allow my girlfriend to live with me. We have been going out for about 6 months and I was wondering if I should create a rent...