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Hello everyone! I'm a 26 year old from Long Island hoping to acquire my first rental property by the end of the year. I do pretty decent for my age, and I live at home still, so I've been saving up a lot of money. Sad...
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Hi all,
I'm purchasing an investment property (residential rental duplex) and I'm wondering what the best legal entity to hold it in would be.
Purchase price: $479,000
Monthly cash flow: $1,500
Income will be ke...
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I bought two property's in the city of Detroit and I have had them for a little over 3 months now and I was wanted to know the best way to sale or get money to fix and rent out then get a loan I'm stuck need to find s...
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I have a tenant applicant who had chapter 7 discharged and assessed amount paid 6 months ago. His app states it was due to problems when owning his own business. He has a union job for the past two years making well...
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Me 21 and my husband 24 are looking to start investing in multi family, our plan is to buy 3 or 4 unit properties, live in one unit and rent out the others one year at a time until we have a cash flow good enough to q...
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Hey BP! This is my first post. I'm totally new to REI. I live in WA State and the numbers in my home market don't look great for me, so I'm looking out of state at SFH's and trying to nail down a city/market to get st...
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I think ROE is the best metric for benchmarking a rental you've had a while. I have a rental in Nashville with a 3% ROE because it's tripled in value in 7 years. That seems really low.So as I look for a replacement pr...
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Hello,I would like your help in analyzing the long term investment potential of either A. Holding the rental unit or B. selling it and diversifying my assets.Background: 3 Years ago I decided to hold onto a condo I ow...
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I have a unit where I have let a fairly good tenant stay on month to month for a few years now. I haven't raised the rent because they tend to take care of all the minor issues which saves me time and money, now it's ...
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I started spending a lot of time researching new rental markets for myself and recently came across Parma, OH. In this post, I'll share some insights based on my findings and some data to showcase why this market is a...