I own an investment property in Chicago. The remaining principal is about $240,000 and I'm confident that it will appraise at $330,000. I used lending tree to find a lender that would let me take $50,000 with no suc...
Would love some thoughts on the following. Our two rentals cash flow about $300 a month each. We don’t need that annual income for other investments, meaning we have other capital. So is it best to bank that money reg...
Hi BPers!Currently we are building out the Garage in our Los Angeles based property to be it's own 1 bedroom. I have some extra cash right now I can use to either invest in the market and save for maybe 3 Years to pot...
I guess the big question now is,... How?I'm grasping the ideas and feel this is something I could manage, but, Reading is one thing I'm a visual learner. My biggest hurdle at the moment funding, money down, to a Hard ...
Hi all. I've been managing our rental finances using Baselane for the last year and looking to see what other options there are. I like the functionality a lot but it seems that once a month there's a new bug to conte...
Hey everyone! I’m new to the REI scene and am in the process of finding my first deal. My current work schedule is 28 days of work and 28 days off. I was wondering if anyone had ideas for side hustles involving real e...
Hello and thank you in advance for your help.
I have a long term rental that has been sitting for a bit. The property isn't the problem (new construction, out of state in TX) according to my PM. It has been suggested...
I'm restructuring some of my leases to increase cash flow on a per building basis. For example, I am going to provide my tenants 2 window AC units, free parking, free storage, and some other amenities that they can i...
Hi
My tenants reached out to me today for lease renewal and instead original one year they want 6 month lease. They wouldn’t like to move out in the middle of school year. I briefly told them 6 month rates are differ...
1. Cash Flow The extra profit left over after all of the expenses on a property have been paid. Your wealth really starts to compound when this profit is reinvested back into your portfolio. 2. Appreciation The natura...