I have heard from people on these boards that I can expect the operating expenses of the house I purchase to rent out would be about 50% of what I can get for it monthly. I could be misunderstanding it, but how is th...
This house barely cash flows. I worry about it being near the peak especially in LV due to the looming recession. With 85k involved in closing, it isn't an ideal time to buy if the market turns against me and I can bu...
I want to notify everyone and anyone that is currently looking at and considering a purchase of a property from Morris Invest. It is a scam. Don’t fall for the trap of the high returns. There is potentially a class a...
I wanted to post my experience investing remotely in Columbus Ohio with an active wholesaler and realtor, Sara Elford, and her partner unlicensed Contractor Raymond Kemp.
Because the experience of only one person m...
Appraiser ask what we purchase property for. So I get a text from a guy doing the appraisal on a property that we done an extensive rehab on and we are getting ready to refinance it. He wanted to know the exact date a...
Hey BP,
I have a 4 unit under contract in Elgin, IL that just got inspected. I have some questions regarding the report as I would like additional opinions on how serious these issues may be and if it is worth pro...
You hear so much (I guess from the gurus and course sellers) about how “predictable” the cash flow is from rental properties. Well I adamantly disagree. You have a maintenance issue…unpredictable cash flow. Your insur...
I had a tenant who asked me to set up an online payment service for her or her father to make rent payments to. Her father is from California.I set it up through my QuickBooks software using the Intuit Payment Networ...
So I have been wanting to invest in real estate for a while now, as it is part of my retirement plan. Been waiting for a good time and have finally decided to pull the trigger. Worked quite a few numbers, and found a ...
Good Morning fellow BPers.. I hope everyone is doing well. I have some questions on whether to sign up for a forbearance or deferral program with our mortgage on our home and 2 STR's.. We have 2 STR's that have be...