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Are there any situations under which you would buy a property with a negative cashflow? May be if you know the rents will go up in the future... Then how long would you be willing to wait till the rents catches up wi...
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I’ve got a property under contract, it’s a preforeclosure and I’m trying to wholesale it. This will be my first wholesale deal. The owner lives out of state and his daughter is living in the property (I’m assuming ren...
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My day job is for a paper company. I'm a salaried manager and I've been working here for 33 years. A few years ago me and my wife started buying rental property so we could retire a few years earlier than we normally ...
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Background:I have a tenant who has been renting for about 10 months. She is a retired probation officer and currently works part-time with one of local city governments in the traffic court division. When she first ...
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I'm a free-market person, but if the autos go under, we'll have millions of more people without work. Do you guys think we need a bailout or maybe some of you have some other ideas?
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Hey guys, so I want to share my experience with you guys, I hope it inspires many of you who are starting out. I am from Venezuela and moved into the U.S only 11 months ago at the age of 21, as soon as I arrived I sta...
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hello!
I’m working or attempting to work with a contractor who wants $1000 deposit before he’ll give me a breakdown of the renovation. I gave him a list of updates and he quoted me 60-75k. I asked for a breakdown so ...
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My BP Landlord Community,
One of my tenants messaged me and told me that she won’t be able to pay her rent on the due date. She will need two weeks extension. She sounded very confident as she had done someth...
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Live on? If I only bring home $700 every two weeks to pay monthly debts that are more than what I earn monthly, can I afford to get my own place to stay? I have loads of debt and I know my current debts and the debts ...
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I have a two unit property, my husband and I live on one side and rent out the other. I am the sole owner, so I am the landlord and handle all of the communication with the tenant, e.g. rent payments, maintenance issu...