Hey everyone I'm curious how many of you maintain a separate reserve fund for your properties so as to handle longer vacancies, or other things that come up like with COVID where tenants/payments might get a little sc...
My name is Ed Fitzwater. I have done a variety of jobs in the past and look forward to my venture into Real Estate investing. I now live in the Denver, CO area after living in Las Vegas for nearly 40 years. I becam...
Hi BP, longtime forum reader first time forum poster. We live in Vegas and we’re planning to move into our rental property and sell our primary residence while the market is still up. Word got out about our plans and ...
Not sure how to handle this situation. I have a signed lease for a year and a deposit of $1,600, the tenants were scheduled to move in on June 5th 2015. I get a call today and tenant wants to back out of the lease now...
What would you do in our shoes? We are in our early 30’s and own 2 very lucrative rental properties that we manage ourselves. One was purchased using a 15 year mortgage and the other a 30 year and we have about 13 a...
I'm in the process of purchasing my first multi family home, we're about a month away from closing. Unfortunately the rent won't be high enough to pay the entire mortgage but it will pay more than half.
I'm ...
Could anybody help me understand what a “good deal” would be for me here in Minneapolis / St. Paul, MN. I have a couple properties I’d like to know the numbers on. I’m looking to cover most of my mortgage with cash fl...
Can someone help me understand how do you make money from a subject to deal if the mortgage is already the same amount as the areas rental rates?
Hello. First time posting. How do you increase the rent on a property you are purchasing if it already has tenants. (Tenants are on a month to month)
Hey BP family, I have a question?I am under contract to purchase my first rental property. I pulled $50k out of my current home, as a heloc. I am then getting $300k from a hard money lender to purchase said off market...