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I want to buy a duplex and live in one of the units. My ultimate goal is to have a portfolio of real estate and be wealthy, but I want to start with a duplex I can live in. If I had $20-$35K I could start this path of...
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Hey BP friends!I'm looking for some advice on a property in our portfolio. It's 150+ units in Oklahoma. Built in the 70s. Flat roofs. C+ property.We purchased this property thinking we could reinvest all of its cash f...
Hi BP members! I'm an aspiring multifamily investor from Memphis, TN. Currently in the learning and information gathering stage, I am trying to wrap my mind around the major differences and opportunity costs between c...
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I've been researching REI'ing for the past 6 months and I have yet to purchase a property. I live in New Jersey where property values and property taxes are very high. I don't have any construction experience, so I ...
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Who has had their rental significantly damaged by a hurricane/tornado/flooding? What's the basic steps if the house isn't habitable? I'm guessing we end the lease, contact insurance, do repairs - then relist it for ...
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This year, I had an impressive first in my landlording career. I've already had to change out two legacy bathroom sink drain assembles in two rentals in two months. Anyone who has had to do work on bathroom vanity dra...
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When I first started in real estate investing I had multiple lenders tell me “no, you can’t lend on that”. And I took their word for it. I thought “If one or two say no, then they all must say no”. And that was com...
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As we all know it’s possible to obtain the 10 30yr fixed rate mortgages, which in my personal opinion is almost non negotiable and is my main focus.So with that said, my plan is to get 10 quality B+ SFR properties in ...
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If you were just starting out and had $150,000 to invest in real estate where would you begin? ( This is me! I would like to have at least $4000 a month in income by the end of the year.)
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I'm just about to close on my first rental property (house-hacking a duplex in a small town outside of San Diego, CA). The previous Landlord raised rents 3-5% every year on this property, so it is currently rented fo...