Folks, here is my situation and need your guidance on what should i do.* age 44* 40 doors all managed by myself* net passive income per month approximately 27k* just achieved my golden number of passive income / month...
Hello everyone!My friend and I have been tossing the idea around of investing in our college town however I've been having second thoughts regarding the process. I wanted to reach out and ask if any of you have had an...
My first property is in escrow and I'm trying to get ready to evaluate applicants. I want to have a full set of standards before I start evaluating applicants that way I can prove I used the same qualifications for ev...
I'd like t get everyone's thoughts on handing over one’s wealth to their children and grandchildren after passing away. The practice has infuriated me for as long as I can remember—mostly because:
1) I am not o...
I'm considering a jump into residential real estate as an investment opportunity and have read about the Rule of 1% and Rule of 2% (i.e. monthly rent should be 1-2% of the property price). I understand they aren't nec...
Hey all, I quit my W2 6 months ago with solid reserve set aside and a proven business model. My business is going well and my wife was being offered insurance as a part time RN, but as of December 31st they are resci...
I currently live in a really popular tourist area in Southern California (La Jolla) and know of many people that are having tons of success renting extra rooms, units, or their whole property through AirBnB.
...
I was asked a question in another thread and when I started to answer the question, I realized it was a topic that was quite deep and may be good for a separate discussion.... Originally posted by @Bryan K.:
@Marcia ...
Hi all,I'm new at this landlord gig and I have a bit of a dilemma. A tenant asked if they could adopt a pet; when I replied with the information regarding deposit and pet rent, I never heard back until I followed up t...
Hey BP folks, looking for a situation opinion here. First time this has happened to me.I solely utilize buildium's e-pay service for rent collection and for the fisrt time had an "echeck" reversed for NSF. The tenant ...