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First of all -- I'm brand new to investing. I'm trying to build a portfolio of rental properties and since I've lived in SoCal my whole life, I thought it'd be best to start in my backyard. But, I'm seeing that the pr...
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Hi ,I have have been buying & holding single family homes for 30+years as an investment approach outside my occupation as an engineer/consultant. As I near retirement my wife and I wonder whether to stay in real e...
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Hello everyone! First of all I have to say I am beyond excited to be a part of the whole BiggerPockets.com family. I found out about this site after reading David Greene's "Long Distance Real Estate Investing". Tod...
I was about to close and the bank (Better. com) denied me for not having a long enough work history. We went over this many, many times and I wrote a letter explaining my work history working as a yoga instructor and...
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I've had (2) rentals in Northern Virgnia for years and have been looking to add. Anyways, I just bought my first townhome in Metro Atlanta (Acworth). I paid $7,500 over asking price. NET of *all* expenses, manage...
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So, my tenant is complaining about the range in a rental unit. The complaints are:
1) Oven light does not work (oven does not have a light at all)
2) Oven is dirty (Shouldn't the tenant be responsible for keeping th...
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I am graduating from college in a few weeks and start a full-time job in Chicago in July. As I start investing in real estate does anyone have advice for investing on the side of their full-time job? Do you mostly foc...
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With a professional career in real estate investment and management in the small investor space, I have had the privilege to witness many pivots to the industry. I have seen economic busts and impacts. I currently m...
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So I received my weekly mail this morning through that convenient slot in my door and curiosity made me go pick up that envelope and in that formal letterhead I saw the utilities' company's name in bold letters. Sure...
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My question:
I have a SFR that I bought in 2006!
I have had same tenant in their with no vacancy.
My mtg is a 15 year amortization PITI $1,300
Pay the PM $84 (8% of rent)
Rent is $1175
House is work approx 190k
L...