Hey BP!Say you have a duplex that you paid $60k for.Rental income is $1000/month. ($500 upper / $500 lower), property taxes ~2500, insurance ~$600, no major expenses on my end, utilities all in tenants name.Basement h...
I am 48 there I said it.I bought my first property when I was 26, (1995)I have since managed that until now.Since then I've been married, divorced and raised two children.Now I am ready to hit it hard. I have an owner...
Hello, BP.Me and my wife currently have 2 properties free and clear.1 Townhouse and a duplex. We live in the townhouse and currently renting the duplex. Personally, I want to refi both properties and take the cash and...
Hello, I've been a part of this site for years, and I need some REI assistance. I am a little sick and tired of Baltimore, and I want to find a good property manager for my rental property there. My last PM made as...
What if you owned rental properties and when you went out to take care of a tenants complaint, you had a great chat with them and they invite you to go do something fun with them that you both enjoy like fishing for e...
HI,I am currently living in Long Island, NY (and I hate it here). I was going to buy a condo in Miami (I used to live there and would love to move back) but since realized its just not a good investment move to buy a ...
Hi BP Community,This year in June I purchased my first buy and hold property - a duplex. I know that it is important to have cash reserves set aside for unexpected issues that may arise with the property. However, sho...
Hi Everyone,In a casual conversation the other day a friend said: 'You can't look for a quick return. Any money made will be over the long term.'That has been bugging me ever since he said it.Here's my question...Wher...
The two investors I knew growing up kept at it their entire lives. Here is an article about a local Portland guy that is a legend in RE. Do you plan on investing forever?
Joe Weston unplugged
Published: Monday, Novem...