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I have an interesting situation and trying to figure out the best solution. I sold one of my rentals to my tenant with a seller backed mortgage and note (this is in Ohio). The date of the note and mortgage was Octob...
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Im an over the road truck driver, and my company offers a "per diem" pay package. In this pay plan, a significant amount of my pay is paid as non taxed income. In the images below, ive included the documents they prov...
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Hi Community! I'm in contract on a deal currently and since then, I've found BP and I'm starting to question my decision. I'd like to get a little bit of advice on my current situation to help nudge me either way. I l...
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Reposting on behalf of the PCREIAIt has come to our attention that the City of Lakeland is working on a proposed Resolution and Ordinance relating to the registration of residential rental property. Code enforcement w...
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I have a leak above the kitchen in a rental that's coming from the bathroom somewhere. It is leaking through the light fixture in the kitchen and dripping down. There is water damage to the ceiling and bulkhead. Conse...
I like to use Net Present Value when evaluating deals, but I don't see it a lot on this forum or other real estate evaluations. Can anyone shed some light on why not to use it?
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So this may be a long post, but I want this to help others who are exploring out of state investing in a new territory like Detroit. I've been in investing in Detroit since early 2023. I started my investing journey i...
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Hello BP!So after reading Set For Life, I am finally past the $25,000 threshold and between the $50,000 - $100,000 threshold. One question I can't answer for myself and can't seem to find any real good substance is: S...
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I'm pushing myself to finally take the steps to start investing and stop talking about starting and I want to get my first investment property within 90 days, give or take. I hope that's a realistic goal, but regardle...
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Hi- Living in San Diego, I've decided that I want to pursue a portfolio of rentals out of state. I'm mainly seeking supplemental cash flow so multi-unit properties seem the most obvious to me, but open to other sugge...