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I just purchased my first rental property located in north west indiana, i live in Illinois. While reading and familiarizing my self with Indiana landlord laws a few things struck my curiosity....I have been thinking ...
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Hello BP Community.I have finally gathered a list of potential houses that I would love to target in my farm area and am ready to start sending direct mail to these house. However, I have a few questions about getting...
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My elderly mother just turned over management of a 1 bd rental unit to my brother and I for day-to-day management. In the past the income has flowed directly to her (separate bank account) and she pays the income tax...
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For sure many here have teenagers (sons or daughters) that are probably helping you in one way or another.Could you share this info here? What do they do, how do you compensate them, what do you pay them, etc?Thank yo...
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Hello BP'ers,I've been over and over the forums reading the 401K loan threads as much as possible, and see the point people are making when they mention that you are paying it back with post-tax dollars. However, if y...
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I am a (relatively) new real estate investor. I fall pretty well into the category of "accidental" investor, having bought a home right out of college and then renting it out when a pretty fast-moving career opportuni...
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Found a 2bed 1bath for 99k. It requires full rehab. The only thing good is the framing (it has already been guttted).I am complete noob to real estate investing as far as real world experience. I bought a house so am ...
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In case you didn't read my introduction post, I was meeting with my mortgage lender this week to see how much I could get pre-approved for. I was nervous because of my high student loan debt that runs me about $1,100/...
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I've been looking at tools like rentometer.com and trying to figure out rents in residential area's like single family and it seems like its way off in most cases. is there something I'm missing? what do you use, or h...
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Hi Everyone my partner and I are taking action!!! we are not ready at all, but I feel the need of doing something or we are going to fade out. we are thinking on selecting an area and go door to door. direct mailing t...