My wife and I are just starting the REI obsession and we currently have two rental properties, which we manage ourselves. My wife has a lot of fire for the RE game and wants to fix/flip to make capital to invest into ...
In the past three years I have spent over $40,000 in property management fees. While there has been some value in their management, I'm wondering if perhaps the value does not exceed the expense. Of course, this doe...
Alright BP Community, I need some advice here. I have to make a decision soon on a poorly cash-flowing house that was our first rental out of necessity because my wife bought it in 2006 with 0% down (ugh). My tenants ...
Hi BP,
Looking for some advice regarding a property I will be inheriting. My 85 year old father recently had a stroke and will be unable to return to his home. He is divorced, has no other kids, and I am the execut...
I am looking at an 8-plex that could be a pretty great deal, but... It is filled with elder people on social security. I don't feel right buying it and booting any of them out and since they are on social security t...
With 10 properties, I believe I may be close to needing a property manager. That being said, after a review of the time spent self managing properties over the past year, self managing seems like the way to go. The c...
I'm looking into purchasing a multi unit and wanted to know if anyone has any experience, positive or negative regarding using a property manager vs self management of the multi unit.
My wife and I have lived in our condo for 17 months. We are moving across the country for a new job, and are converting the condo to a rental. We don't intend to ever move back into it.
From a tax advantage and over...
I am about to rent out my first property. will all the expenses incurred lower my taxes from my salary income. i am worried that I only have 2 month in rental income to show on my return. also should I wait to put ...
I am a real estate agent in Austin/San Antonio market that is witnessing how these two markets are some of the hottest IN THE COUNTRY right now. I am looking to purchase my own rental properties in these markets and a...