For those of you who've read Rich Dad Poor Dad, I have a question. Author Robert Kiyosaki advises to own assets, not liabilities. He says that buying your own house is a liability, since cash leaves your pocket each m...
The Western, MA market is absolutely on fire right now. Especially the multi-family market, specifically in Hamden and Hampshire county. What are everyone's opinions on the longevity and sustainability of this signifi...
Hello all,I have a class C rental which I'd like to do some minor upgrades, will also give me an excuse to raise the rent later on! Below is what the kitchen looks like, this is 1980 construction:I was planning to re...
Foreclosure - Subject To QuestionI have a seller who is in foreclosure and I am trying to structure a subject to offer for them but having a difficult time. Seller finance I totally get, but struggling on this one. I ...
I am in the final stages of negotiations on a house in Cleveland. I have owned many rentals in California, but since I reached the conclusion that my beloved state is not the best place to invest at the moment, I star...
Just got my first flip completed and under contract. Below are the details. Just wanted to post this for other newbies (like myself) to see that it is possible, and to just pull the trigger.Location: 2208 Searles R...
I am closing on our first long term rental. Any tips or rules to have in place is greatly appreciated!
My first direct mail campaign is now beginning its' second month. As expected, most of the calls that come in are folks that just want to know what I am up to. They throw out huge numbers for their properties and hope...
We are moving out of our home and have renters moving in. This home is large, very well kept, and in a very nice neighborhood. The tenants moving in are wealthy and have expensive taste. (Just to paint the picture for...
Hi, this is my first time posting on BP, though I've been a longtime podcast listener and forum browser. I bought my first rental property, a 2 bd 1 ba condo in Prince George's County, MD, about 8 months ago. My pro...