I realize this may vary by state and by entity, and that in the end it's probably a question for an attorney. Still, I'm interested in hearing some BP members' thoughts.
We had an offer accepted on a bank-own...
I am really trying to stay positive but I feel like I have been spinning my wheels for the last 3-4 mos. I have evaluated 100s of properties , toured and budgeted well over 50 properties, put offers on on 7 or 8. Each...
Apparently I advertised my rental too low because I have 80 people interested in 2 days. I advertised $1700 but I'm at least $50 low for sure, maybe $100 or even $200. How should I approach this from a legal stand...
Hi Everyone--
I am looking for some insight about investing in the hood aka rougher part of town, where properties are much less inexpensive - it would be nice to help contribute to these rough areas by making them l...
I guess my question is how accurate do you find the 50% expense rule?
If you gross rents are $2500, a margin of error of 10% on your expenses would result in a $125 difference in cash flow. This might result accepti...
Folks, here is my situation and need your guidance on what should i do.* age 44* 40 doors all managed by myself* net passive income per month approximately 27k* just achieved my golden number of passive income / month...
Couldn't handle the impending spanking huh? Pansy.....
Good evening BP. My wife and I are very carefully and cautiously considering purchasing a rental unit. We've been very diligent about saving up for retirement and now that we have a good amount of cash on hand, I'm ex...
Hi Everyone,I am denying two applicants (co-applicants) that applied for one of my units. The two applicants are not married. I mainly communicate with one of the applicants. After I denied them, she is asking for ...
Hello Atlanta / Decatur folks. So I am closing on the purchase of my first property tomorrow. After considering this property for weeks I still can't decide whether to A. flip the property straightawayB. rent the pr...