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This question has more to do with condo ownership than investing. I own a condo in an 8 unit building in Chicago. One of the units owners has not paid assessments in over 10 years. The HOA has a lien on the unit, but ...
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Hello. I’m remodeling a house for rental and I’m debating if replace all carpet for hardwood floor, even on rooms and closets. My concern is if it is a good idea to get rid off carpet, will it be appealing for renters...
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Hello everyone! To start, my name is Kendall Tadano. I am an Arizona native and currently have 1 single family rental property in Goodyear, Az. As you may have seen in my profile, I made my first purchase when I was 2...
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Hey BP community,I thought I would share our most recent success since it might help motivate/inspire those of you who are starting out. One year ago, me and my partner started two real estate investment companies wit...
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Our is due on the 1st and the tenant continues to pay rent on the 5th. I have been under the impression that Tennessee has a 5 day grace period for late rent. What can I do, other than a late fee, to mitigate this? ...
So I have a home in Brooklyn, NY that is worth a lot. A little over seven figures. It's a small home but I'm thinking of renovating the top two floors as a single unit. It would be a 3 Bedroom / 2 Bathroom will a park...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $181,000
Cash invested: $20,000
This is a duplex that I bought in poor shape planning to get rid of bad tena...
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I did a cash out refinance on my primary residence in 2017. I did Not use the loan proceeds to buy, build, or substantially improve my primary residence. Instead, I used it to fund other real estate investments. So...
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House flipping relies on very quick turnaround times. The best work in the world won’t make you a dime if your holding costs eat away at your profits. Not to mention, the longer your cash is tied up in the flip, the l...
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When is it time to clean up a rental portfolio? I guess it is time for me. We have been buying cheap rentals since 2002. After self managing all these years, it is time to get rid of all properties that have been dete...