Katie Miller
Mid-term (medium-term) vs. Short-term Rental Strategy
Hello STR investors! I'm wondering how many of you invest in a tried and true short-term rental vs. a mid-term rental? If you do the mid-term thing, why? How did you first learn about it?
If you DON'T do the mid-t...
Laura Tabarez
Tax Lien Investment in Alabama
Hello Community!
I'm so excited for my initial post. I am finally ready to jump into real estate investing as I have been saving up for the last couple of years to do so. I am looking into getting started with tax l...
Niyi Adewole
Inherited Tenant Issues With First Payment
Good Afternoon BP Family,I recently purchased my first househack tri-plex, and the one tenant i was somewhat apprehensive about has just alerted me that he will only be able to pay $500 of the $675 rent that is due to...
Tommy La
No Lease Agreement: Tenants Want to Use Security Deposit For Last Months Rent?
Hi all,
Hope you can help. I am in Northern VA and my parents rent out a townhome- in the past they used a lease, but since it expired, they have never sent the tenants a new lease for renewal. Now, they want to leav...
Lou LaMedica
Unlimited opportunity to find out-of-state market
Just finished the inspirational podcast 301 about out-of-state investing. What @Alexander Felice said about having an unlimited opportunity to find the right market really hit home. While initially, this strategy seem...
Noah Mellor
Buying out of state
Hello BP comrades. I have been listening to BP for the past four months. I am a Plumber by trade for the past 19 years and for the past year have moved into the design department with my company in designing the plu...
Heather K.
homeowners insuance on duplex
Hello all,I am purchasing a duplex in Minnesota for $90k and the appraisal value is $100k. I'm working on getting insurance but the companies I've called want to insure it for the replacement cost of $340k. I really...
Michelle Mayer
Primary Residence Vs. Investment Rental and Capital Gains
Good Morning BP!My name is Michelle and I am looking to buy my first property within the next year or so. I currently live in Brooklyn and I was originally planning on using the FHA loan to get a duplex, live in it fo...
Wesley W.
Umbrella policies for buy & hold
Because of numerous lender issues with LLCs, I've decided I want to try and protect my assets with an umbrella policy, for at least the present. I've read several threads on BP on this topic, and I'm still hitting th...
Kent Johnson
Question about foreclosing on a purchased mortgage
An older gentleman I know owns a mortgage and wants to sell it. The occupant has become a problem and is way behind on payments. If he sells the mortgage will the buyer be able to foreclose immediately? The gentlem...