Hello BP community! I've wanted to get into REI, specifically in long term rentals, and someday, vacation rentals in an area my family likes to go to, but my greatest obstacle is that I am 2.5 years removed since my b...
I have some experience in both passive and active real estate investing so I am not a total newbie, but I'm getting prepared to go full time. I have a lot of learning to do. My last active investment was a SF in the W...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $236,000
Cash invested: $30,000
We purchased this at a great time with low interest rates with a single income duri...
Sadly, one of my properties burned down last week. I rented a legal two family to a related group this past September. Tenants were great, never late on rent (even during COVID), no neighbors complained.Then this happ...
Hey guys ! So i recently came across a deal that really called my attention and i tried scheduling a showing so i could visit the property with my contractor. When i asked the owner he said the property was currently ...
Hi everyone, I have a question in regards to a house that I am about to buy in Harvey, Louisiana. This is my first home and I don't have experience in buying homes. I am very excited about this house because I like th...
I ran into a 90 year old property that has a foundation that's been settling. The current owner says it's not a candidate for a conventional loan. If the foundation was reinforced, would that change the bank's perspec...
My tenants have been late on rent more than a half dozen times. Late last year, they were late past the 5-day grace period, so I sent a Notice To Quit. They finally paid a couple of days later. Per what I read in the ...
Hi all,Was browsing new listings this morning and saw a home on the market that looked really great....aside from the giant hole in the ceiling over the kitchen! Apparently the home is now lender-owned and has been de...
I have 100k in cash. I plan to purchase a rental property in Rochester Ny. Any advice?