Hi, I began my house purchasing process with SEFCU, a local bank in Albany, NY. I was going through the SONYMA program, and my LO was supposedly experienced and versed in the program. This is a program that is low dow...

We are landlords. Not by choice. We couldn't sell our house without losing money so we had to rent it. We had a 1 year lease agreement with our tenants. After the year was up there were signs problems with the police ...

Hello everyone, anyone I have spoke to about REI in my personal life all tell me the same thing: don’t get into real estateThey are all people who have had properties themselves, have tried to rent them out and have t...

I have been looking at properties in a largely hispanic apartment area. I'm curious how would the landlords here screen their tenants? Since most of the tenants here are illegal immigrants they probably have no credit...

Super excited, officially rented out my first property! It's a single-family home in TX, and the deposit has been paid. Wanted to share some things I learned and that I would implement/do differently next time. Down t...

What Are Your Qualifications For Your Tenants?

I just ran in to a REALTOR that told me would not work with me because assignments of contract and wholesaling is illegal in North Carolina. I have contacted an attorney that advised assignments and double closings ar...

Is there a way to defer some rental income into some kind of retirement account when retired?

Lets say someone was able to live entirely off savings for a year, could they somehow put their rental income into a defer...

I live out of state and she has been managing my 3 investments for several years. Even when they are fully rented, I rarely show any positive cash flow, rather I just stay afloat after mortgages are paid! I feel like ...

Hey BP community. I come to you with a predicament that I'm hoping to get some outside perspective on. I'm a structural engineer with zero passion for my current career path. The only reason I studied engineering was ...