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Live on? If I only bring home $700 every two weeks to pay monthly debts that are more than what I earn monthly, can I afford to get my own place to stay? I have loads of debt and I know my current debts and the debts ...
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Hey everyone, I'm fairly new here. I signed up at some point last year, but I can't even remember when. Can't remember if I introduced myself.Anyhow, I haven't really delved into this too seriously, probably because I...
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I have a tenant that is on Section 8 and her lease expires at the end of October. I just received word from Section 8 that the portion of the rent that she pays is almost going to triple for the next lease. The tenant...
To all,
How many folks are looking for cash flow positive properties? Something around the 1% rule (12% per year in gross estimated yield)?
There are deals out there. Sometimes more than I can take down. Other times...
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Hi friends,Hope you’re all well during COVID. I’m looking to make my next move and need your advice.My 1st and only property I’ve owned since 2012 I bought for 120,000 in Downtown Orlando Fl, I owe 76,000. It’s rente...
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Hi everyone,I searched, but couldn't find anything, so am starting this post. I have rentals in decent, middle class neighborhoods, sort of upple middle of the spectrum in the area. My objective is to decrease vacanci...
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I just bought a 4/1 single family house last month, rehabbed and put tenants in. The tenants looked good on paper, made 3x the rent ect so they screened well. They moved in April 23rd and I receive a text this morning...
Over the past few months I have been trying to figure out ways to make some extra cash. Since I am not interested in starting a business or the stock market, I have decided to focus on real estate. My question is as f...
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I own a single family home which is a long term rental. The home is mine outright, as it was inherited. Unfortunately, I live out of state making managing the property a bit more difficult. This is my only rental prop...
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Hi all! Lately I've been contemplating this question and finally figured I should toss it out to the BP community. I'm curious how everyone decides how much of their money allocated for "investing" is put toward real ...