Roma Montifar
Any pitfalls with a 5 year lease?
We have tenants that are coming up to finishing their 2nd year with us. So far we’ve had a great experience with them, and they love the house, neighborhood and service we provide. We’re replacing the shower/tub combo...
Brendan Carlson
First Investment Property - would you buy this SFH?
As the title says, I'm looking to buy my first investment property and hoping ya'll can help me figure out if it's a good deal or not. It's a small but nice turnkey SFH (2 bed, 1 bath). I'd be using a property manager...
Morgan Porter
Anyone Own a Lake Rental Property? Share Your Experience
My wife and I spend quite a lot of time at a lake in southern Virginia (Kerr Lake, aka Buggs Island). We are contemplating buying a house down there and setting it up as a vacation rental. I know all houses are differ...
Account Closed
Rental Property - Accounting for Future Repairs with Purchase Price
Good afternoon, everybody,I'm working on getting into REI, and right now I am looking at the possibility of purchasing a duplex. The windows in the upper unit (and probably the lower) are original to the house. They s...
Khurram Bashir
Sell or Rent
I bought SFR in Simsbury Ct in 2007 and recently I had to move to Charlotte, NC because of my Job. I am looking for advise, whether I should sell my house or Rent it out.Purchase price in 2007 $350,000Outstanding...
Matt Holley
Closing on 1st Rental - Refinancing and moving Deed to LLC
I am closing on my first rental in two weeks. It is a single family middle unit townhome. Total mortgage payment (including taxes and insurance) will be approx. $1,850.00, the rent goes for $2,400-$2,500 a month, and ...
Tiffany Bishop
4plex in Milwaukee - Input Needed
Looking at a brick 4plex in Milwaukee. It would be my first out of state investment and I am wondering if it is too much to take on (because of possibly being in a higher risk area).It is in zip code 53205 right on t...
Carlo Torres
When the s#%t hits the fan
hey guys I have a question for investors with experience. When times get hectic as it did in 07, are there any changes you guys make as far as investing? When there's a reccesion, stock market crash or if the country ...
Gary F.
Potential Duplex Investment
I'll be the first to admit, I'm a total newbie at REI. I've been trying to educate myself as much as possible reading the many posts here on BP.My situation:I have a plenty of equity on my current home. I currently ...
Leo Don
How did you put your offer on a house?
Hello BP Members,I wanted to know how does most investor place a offer on a house? What values or info to look for to determine if your offer will be lower than the appraised value? I read books and few articles It su...