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I bought my first investment property last month. There is an existing tenant on 1st floor and she is great. She has friends who are looking for a place, as they gave their notice at their current apartment. I met the...
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I am looking to get into real estate but I am currently working a 9-5. I have been reading real estate books and have been interested in getting licensed so I could practice eventually part time. My question is, is th...
Looking for some advice on a 3.1 acre property we own across from a Walmart. Property is free and clear and looking for ideas on how to partner with a developer to improve it. I ended up with the property in a trade d...
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I've searched around for answers on how to invest your first couple thousand. The answers that I have gotten are to:1. Invest in yourself/ educate yourself 2. Invest in Stocks3. Realty SharesThere are obviously other ...
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Hey BP,I am negotiating on a 4-plex where the seller is asking 319K and I need to get it to at least 280-290K to start making sense. I was amazed to find out that he paid 64K for it in 2013. Factoring in 6 years worth...
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Hi everyone,Quick question. I have a duplex with one furnace and one water heater. I don't charge my tenants for heat or water and during the winter months it really starts to add up. Do you pay for gas and water at y...
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Hi everyone!! My girlfriend and I are starting to get into long term and short-term rentals and plan on using those strategies to build wealth. We don't have a ton of money to start off and I know it's totally possibl...
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Hello All,I am a 26 year old college graduate currently looking to start up my REI business and my biggest issue has been financing. I am currently working for a school and a corrections facility in order to support m...
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I feel like the technology we have today should allow our tenants to pay using online methods. However, all the rental properties in my area still only allow check, direct deposit or a credit card with a service fee....
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Hi All --I read an earlier post on Biggerpockets about whether or not STRs should go into an LLC. My takeaway was that unless you have 10+ properties that it does not make a lot of sense. It sounded like it can be eas...