Erela Plotkin
how much to provide for a good tenant
I am a brand new real estate investor. I purchased a duplex with a current very good tenant two months ago. I have put nearly $`13,000 in electrical rewiring of both units, painting, new ceiling fans, and a new hot w...
John D.
Irrationality of HML rates -- one size fits most?
By way of background, I've bought 8 SFRs in the last 18 months, 4 with conventional loans and the other 4 in cash. These properties are worth approx. $2.5mil, and I owe less then $700k on the mortgages, so net...
John Dombrowski
OK I really want to get moving
Hi All,So I have been around BP for a year now soaking up all I can. I am 56 I finally lost my IT job of 19 years so I really want to try and get started with this RE gig. I have about $200K in my 401K that I need som...
Mark Cison
Buying First Multi-Unit in Tri-Taylor, Pilsen or Bridgeport - FHA
Hi folks!Over the last few months I've been on a mission to purchase my first investment property. During this time, I've been frequently using BP as a resource to help me along. You guys have some truly amazing advic...
Kristian Fernandez
Need help with out of state
Hi, I am finally ready to get into real estate after making a lot of excuses for myself. I live in California where for me it would be next to impossible to purchase a rental property. So I was thinking about buying o...
Stanislav Perevozchikov
New to REI & Indy - Looking to build a team, let's connect!
Hi everyone. A long time BP lurker, hopefully a soon-to-be first time RE investor. This is my first post in the Indianapolis sub-forum, so I'll introduce myself first. I live in NYC and would like to get into REI. I'v...
Chris Heeren
Security Deposit when Evicted
I recently purchased a Triplex that came with tenants, one of which never paid his rent. I finally got him evicted just over a month ago after going 3 months without rent. I took the initial security deposit and k...
Orlando Paz
Seeking wisdom for unbelievable mobile home offer
I have just come across an unbelievable opportunity for a mobile home purchase. The original ad asked for $500. When I called, it was offered at $1. The management is even willing to waive 3 (or more) months of lot re...
Katie Jackson
Am I doing this the legal way?
We have had a renter move in a week ago, did a walkthrough of the place, Signed the contract, and gave me the money(security deposit and first month rent) Our contract is a month to month. Since then this lady has co...
Munir Hassan
Where did I go wrong?
Disclosure Newbie to all of this. Have done some education but still working on it: I found a property that was pre-foreclosure. my wife and I dropped off a number of hand written letters to try and get in touch with...