Hello, my name is Amil. This is my second post in the "Starting Out" Forum so I will keep it short and sweet. I am 25 years old and from New Jersey. I have a W2 job as a Project Engineer and I have a background in Con...

Hello everyone!I currently have 2 properties, but those were financed as a primary home many years ago. I'm beginning my investment property journey and I had a possibly simple question regarding "order of events". Wh...

My tenant wants a roommate which is OK with me. She picked out someone and I sent him a request for a background and credit check via Cozy. He asked me to reimburse him the cost of the checks. I told him I wouldn't do...

This summer I would have ample time to work on getting my real estate license and have been considering doing so. I plan to use the license to save on realtor fees and get access to the MLS for house hacking that I wi...

I hear stories that people have bought houses for 10 cents on the dollar at sheriff's sale/auction.  How is that possible?  Why would a 50% equity homeowner default when he/she could put their property on the MLS at 7...

I would love your advice. Should I keep this rental property or should I short sell it?I have a condo in Algonquin Illinois (3 bed, 2 bath, 1890 sq/ft) that I had bought for $265k in 2006. I have about 40k in equity i...

Good morning, BP.  I have a question on a foreclosure that is scheduled for auction on the courthouse steps in November.  We are in a bit of unique position (I think) because the property in question is the house next...

Thinking of purchasing an old mobile home located in a mobile home park. The price was $2,800 and I should be able to get for $1,500 to $1,800. The park honestly is sketchy at best and seems to be worse as you ge...

From what I understand there are four ways to make money from a rental property:

1) Cash flow - Pretty straightforward. Total money you receive as income is more than total expenses.
2) Appreciation - Increase in the...

Greetings all. Long time reader, first time poster in this forum. I ran this by the "general" forum, but wanted to put this over here to maybe get a different set of eyes on it...I'm considering a possible industrial ...