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Does it ever make sense to invest in an expensive property that has negative cash flow, yet the ROI is very good? If I don't need the cash now, but just plan on selling the house in about 20 years. I get that everyone...
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Hi BP,
I need a little guidance. I have my tenants mail their rent to a PO box. My rule is that as long as it is post marked by the 5th it isn't charged a late fee. I have a tenant who has lived in one of my unit...
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Hi All!
I wanted to spell out all the steps I went through in order to be functional as a real investor via a US company in America. I thought this list might be helpful for others who aren’t quite sure where to st...
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Hello,
I am seeking advice on the next best possible move for my investment portfolio.
I currently own four properties, one of which is my own personal residence, and three income producing rentals (2 multifamily an...
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I bought a home in Norfolk VA in September 2021. I lived there for 3 weeks and then had to move back to Fredericksburg VA for a multitude of family issues. Since December of 2021, it’s been rented out consistently. Th...
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Hey everyone! So I've been reading alot on the topic of 'starting out' for investors who are limited on cash and have credit issues (wich is my situation) and alot of the advise I've come accross has been to start of...
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Hey everyone!I’ve been a lurker on BP for several months and decided it’s time to get serious. I’m a 39 year old software engineer from Northern Virginia. I’m new to investing, although my wife and I had a rental cond...
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I’m getting ready to buy my first rental property within the next 2-3 months . I have 13k saved up and I intend to use an FHA loan.The multi family properties in my area are about 300,000+ for a 2/1 duplex . I found ...
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Since I get these questions a lot - I thought going out to the BP community to see what they think might be educational.As a private lender, I've discovered the term is very ambiguous and vague to borrowers. There are...
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Hello Everyone,I have hardwood floors that I uncovered when pulling out the carpet.I’m deciding if I should finish them or just buy vinyl planks. This would be done through the whole house.It’ll cost me approx 1.3k to...