Hi everyone, I've been reading here for some time now and wanted to take the plunge with my first post! I have limited experience from buying my current home in Los Angeles, CA (traditional SFH) and from buying/selli...
Starting out and wondering where to start. Looking to learn as much as possible so I understand how to evaluate properties properly. Thinking that House hacking in Miami would be a good place to start. I do not own a ...
this is the letter i send absentee owners . tell me what you think:
Hi all, Just had a quick question on what everyone uses as a rule of thumb for rental cashflow?just to make it simple... I'm talking about financed (20-25% down) 2-3 bedroom houses/condos that are in the 100-150k Rang...
Hello BP,Had this possibly fall in my lap and I'm looking for guidance on next steps. Quick background, I’m still very new to REI. I haven’t yet purchased any property, I’m still in self education stage. Today I was t...
What do mid-term renters prefer when it comes to security deposit? I'm leaning towards a smaller non-refundable deposit vs a full month rent that is refundable. I would love to hear what others have experienced with i...
Hey All,New landlord here. I have bought 3 duplexes in the past 2 years. To this point I have been lucky in that no one owes me any money and I haven't had to file for an eviction. On the other hand, I can't stop worr...
Hello, I've been tossing this idea around and doing the math and would love the communities thoughts - Theoretically, let's say your annual income would allow you to save $100K a year. Would it be better to pay off yo...
I see this question pop up a lot on BP: "how do I evict a tenant in [city, state]?" I've had to evict a few tenants from properties I've owned in different states, but I always rely on property managers to contact the...
I'm a 52 year old new investor (I guess better late than never). I am leaning towards investing in out-of-state rental properties (either SFH or small multi-family to start) to create some passive income that I can co...