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part of the appeal for going into real estate investing / landlording is to create passive income. to make enough in order to make it matter, i will need to possibly have 20 properties at some point. It seems to me ...
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First post. We need some advice!
My wife and I have a condo in LA that has been paid off and used as rental property. We are renting in a nearby city with much better schools where our kids go to. The income from th...
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I've read a lot of the forum posts, blogs, and am on podcast 131 (working my way through them), and paying off properties early vs. paying them off over the life of the loan seems to be a fairly divisive topic. Befor...
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This is my first post on BP. I’m really on the fence & need some advice.I have a 3 bedroom single family house in Los Angeles, CA that I bought in 2009 right after the crash for $255K.It’s appreciated a lot & ...
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I graduate from college on May 2nd this year with a degree in finance from Michigan Tech. 3 weeks later I started my first job as a program manager for an engineering company in the maritime industry. 3 weeks after th...
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I am a rehabber dealing mostly with REO properties and I am having a miserable time finding deals. I am up here in New England (northern MA/southern NH) and for the past 6-8 months the prices on REO properties have i...
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I am looking to buy a fixer upper. I’ve been seeing some options come through a wholesaler that are multi family and some are rented currently. I would aim @ renovating the property and increasing the rents. My girlfr...
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I am having Solar City come out next week to assess whether my primary home and 2 rentals are good candidates for solar panels. Their schtick is that they pay for the system (so no out of pocket to me), and I pay low...
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TL;DR:
Decided it was fair to keep deposit of $770 for 5-year tenant for no cleaning, large scratches on floor and trim, hooks in walls, satellite dish installed on roof, and large stain on deck. He sent threatening...
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Hello BiggerPockets community,
I'm hoping somebody may be able to shine some light as to why my appraisals are coming in much lower than current market values. I have been buying fixer uppers, both single family and...