So I came across a 4-plex today which is very rare in my area, only a handful exist. List price of $160,000, 2 bed 1 bath units. Has been on the market for over 3 months, owned by an older gentleman, looking to sell ...
Hello all,I'm very grateful to be part of this community of real estate investors and luckily this is an awesome resource thus far. I'm a new investor starting out fresh at 21, high credit score upper 700s, great job,...
Have you ever been held back due to fear of being in debt? What did you do to pass this obstacle? I'm currently learning Real Estate and one thing that would hold me back is the fear of debt. How can I overcome this?
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $90,000
Probate property purchased at $80k but financed at $90k to cover all closing and repair costs. Property ARV $13...
Hey BP! I'm currently under contract to purchase a house with fire damage (limited to a couple of bedrooms) and smoke damage throughout. What tips do you have for this type of property? What is the best way to clea...
Do you charge extra for pets?
I’m curious about what you guys charge for a pet fee (if anything). Or if you have any specific rules around pets I'd love to hear it!
I typically charge $100-$200/pet/stay dependin...
I'm considering purchasing a property in a city where the average household income is around $50k per year, and houses are selling for $250k to $300k. Most rents in the area are around $1500 - $2,000 per month. Howeve...
I'm aware that I can straight-line depreciate my rental property over 27.5 years against rental income. Does anyone have experience depreciating against non-rental income (from my employer)? I've heard its an issue of...
I’m looking to invest in Jamestown, NY. I did a lot of research regarding the area by looking up the employment, crime, real estate taxes, economic growth (or lack of) and connect with real estate investors. I don’t h...
Just wanted to share something that turned out to be very effective. Last month we moved to an all cash system for all household expenses. Although, we have saved a lot of money by being frugal and loosely budgeting o...