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Regarding small scale rental properties or I believe "buy and hold" is the term used around here (sorry, I'm new to all this).I notice that a lot of investors mortgage properties for 10, 20, even 30 years - whatever i...
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So how does that work?
In a lease option deal, how does my tenant buyer actually buy, should they want to?
If they had the means of getting a mortgage from a bank, why wouldn't they just do that from the get go?
I ...
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Hey guys, I'm in the process of purchasing a quadraplex. I was informed that one of the tenants didn't pay their rent for November. The current owner has started the eviction process, but it will not be completed be...
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Hello! I need help from smart people on this forum to decide whether my rental property should be sold or kept. It is a condominium with 3 bedrooms/2 baths, 1200 sq ft, built in 1997. It was bought in 2011 at a price ...
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Hello BP! I troll around here as time permits and have recently been seeking information pertaining to a specific question (or series of them) without really nailing down an answer with the kind of experiential wis...
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I know that with residential properties, you need to be there for your tenants or have a property management watch over the place.
Is the same true with commercial? Or can you basically write into the lease agreemen...
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Do you pay off the mortgage at a higher rate? Do you put the money into savings for THAT property incase it needs work? Do you put it into its own savings account to use for future investments?
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I am finally situated to get into REI but in all honesty, I am scared to death! My intentions is to by and flip and doing the bulk of the work myself. Pretty much my only fear is not knowing ENOUGH about the process, ...
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Hey BP,My father has agreed with being on board with helping me purchase my first rental property. At this time, it seems like he is only comfortable with putting down $20,000 on this investment.We plan on finding a p...