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After running the numbers I decided I'll be selling my rental property once my current tenant moves out April 1st. This is a property in a suburb of Chicago.Our Property Manger called saying they need to send a plumb...
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Hello BP Community! I am excited to join the community. I live in Orange County California and I am looking to invest in rental property out of state.I have been spending the past few months listening to the BP podcas...
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Hi All, Wondering if any of you have dealt with this (in Oregon - not Portland). I have a tenant who pays late every month. Could have filed eviction paperwork on him multiple times this year, but I've been trying t...
I have 50k in savings and i want to buy my first investment property. I don't own a house yet but i have a very good rental deal. I am located in Naples, FL and the market is really expensive here. How would you inves...
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I've received 12 calls already out of the 128 yellow letters I sent out Tuesday. The problem is they are all "snowbirds" who live out of state but come down here for the winters and are not highly motivated. I ha...
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Hello all! So I was wondering if anyone could help me with advice or possible experience with what the legal or tax implications might be when my investors give me large checks which I deposit into my bank account aft...
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So backstory, I'm in the military and have about 6 more months on station. Don't know if I will be going overseas or not and want to get into real estate. So Jumping in. Have lots of properties lined up to go visit wi...
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It has been a while since I've posted. Here is what has been going on behind the scenes. Started a refi on my personal residence with a cash out option back in April. This was going to do 2 things for me; 1st get m...
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I am a dentist in North West IL. I currently have 7 Locations and we own 4 of the properties where our dental offices reside. We pay ourselves rent from these locations, which assures us a profitable return. I placed ...
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If I had $200,000 in cash, would you advise taking out three mortgages that positively-cash-flow over a 30 year period at 4.5% with no prepayment penalty, or doing one all-cash purchase? I go over this in my head ...