So we are under contact with a house built in 1904. The purchase price is 115k. Seems like a good deal because it will cash flow. The main problem is with the repairs. We relied on 2 contractors who estimated the repa...

I'm about to start a rehab project and I was wondering what other BPers thoughts and experiences where when it comes to alarm systems? I was thinking about simplisafe alarm system? What are your thoughts and with con...

Hi, I was talking to a lawyer about drafting up a lease / rental agreement for me.He quickly suggested it is a good idea to setup a LLC, he said it is going to be $2500.   He said then the tenant can't find out who I ...

Before the settlement and after this settlement, buyers always had the option to approach the listing agent directly with an offer, a power they've held all along. It’s interesting to see how people are reacting like ...

I've noticed the Miami real estate market is cooling off. Asking prices are coming down and the competition isn't as fierce. I have been on the sidelines sipping on my pina colada  waiting for a more buyer friendly en...

Hi,
I have found what I think may be a great deal and the homeowner wants cash asap.  I haven't mortgaged anything in over 30 years but remember it taking awhile.  How does the hard money lending work? i know its a h...

I think my husband and I might be too near retirement to begin investing in real estate, but we have four adult kids who have all expressed an interest in this. Three of the four are military, one is a school teacher....

The housing market in Texas has begun to increase substantially in the last few years with COVID-19 being a huge factor. The new remote work phenomenon has given people the ability to work anywhere they wish to resid...

Hey guys,
from my research I learned different property mng companies charge different fees.
What do you guys think of a LEASING fee? I strongly believe it should be incorporated in management fees. PMs are getting, ...

I am currently looking to purchase my first two rental properties. Ideally I would like to purchase one single family and one multifamily. My question for this post is about the financing of those properties. Fr...