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My wife and I are in the process of closing on a multi-family in upstate NY (our first property) that we plan to owner-occupy. I know the strong advice is to set up an LLC and transfer the property into that LLC once ...
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I am in the process of purchasing my first investment , my residence, I need feed back on this deal. The house is sitting on 3000 sq ft, was listed as a 3br- 1b, for $125,900, the comps is between $55,000 - $150,000 ...
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After way too much frustration, I decided to switch property managers, but the process has been a nightmare. The old property management company said they needed 45 days to close out my account. They did send me the f...
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Hello BP Community! My name is Rob Shedden and I live in Rockford, IL. My wife and I have recently decided to get into investing in real estate. And what a crazy, short journey it has already been...I am a project man...
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I have evicted a tenant got a judgement from the court. I know I probably wont have any luck but is it worth it to turn it over to collection agency if they can collect anything?How do I find a collection agency that ...
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2023: Starting out, Scaling, or Staying Put? How have your plans changed, or have they stayed the same since the beginning of the year?
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Our STR was in Asheville, as are we. Sadly the property no longer exists; it was at 22 Riverbend Drive sitting on the Swannanoa River, and like all nine houses sitting on the river, it was swept away and floated down ...
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I thought I'd share some quick thoughts on investing in the area after the recent storms we've had. Hopefully some of you will find these insights useful in making determinations on where and how to invest after these...
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I recently screened multiple applicants and offered a lease. The tenant signed the 1 year lease but did not have the money at the time of signing. Therefore we decided that the keys would be given to the tenant one th...
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I purchased by first rental property in Oct. 2014. I inherited one of my tenants, she still continues to live there. She is currently paying $815 a month. I believe that this unit is under rented and I could be mak...