I am new to real estate investment and just bought my first rental property in MA ( a condo). I am having an "open house" this weekend with multiple showings at different appointment times and expect maybe 10 prospec...
We are purchasing a 2BR/2BA single family rental in Las Vegas from my family. The current tenant has lived in the house for about 7 years now and have been on a month-to-month agreement since 2012. My family has inc...
I have a question specific to home equity line of credit. I will have 2 properties paid off this year. Total value is 325k. Taking lines of credit against the homes for down payments is often mention. How do new poten...
Hi BP Team! I was chatting with a Tax Attorney this week and explaining my plans for beginning in real estate investment. He asked me if I plan to buy low end rentals with lower income tenants or mid or high end renta...
Hello BP members and professionals. I am closing on my first 2 4 plex's at the same time in 5 days or so, and am trying to figure out a game plan for the properties. I'm pretty much doing the BRRRR strategy with these...
Subject property is distressed and gutted 2/1 in an up-n-coming historic area with small restored bungalows with high-end, tasteful finishes. Think college professor buyer. The ask is a reasonable $570K based on MLS c...
Hi BP,I am graduating from university at the end of this month and am interviewing for jobs all over the country. My current goal is to generate enough cashflow through MFP to be able to "retire" by the time I am 30,...
As much as I love being a landlord (this is not sarcasm, I do enjoy it). I have one tenant in a building that is quiet, pays (and pays on time), and passed a background check, and has been living there over 2 years. ...
As someone who has sold rental properties to investors for two decades, I've discovered that most people dislike rentals because they don't enjoy managing them. My advice to investors is simple: focus on educating you...
Hello everyone, I am a real estate investor and recently joined BP. I have been an investor for years but I have been very passive! :) Recently my husband and I decided to take the rental business to the next level. W...