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Hi all, My name is Maureen and we are in the process of choosing our first out of state rental property. We are focusing on Columbus, Dayton and Detroit. We are open to all but those have been on the top. We are plani...
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My husband and I bought of first duplex. We went back and forth on leasing options, but decided to go with a month to month contract for our first tenants. Which contract option is better - month to month or a 12 mon...
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So I purchased my first SFR 2015 and has been rented out for a year now. It is located in good area of Orange County, CA. My mortgage is $2k and some change and rented out for $2700. The tenants are great and always o...
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I recently closed on my 8th SFR purchase in 18 months. It's the 4th one I've bought from one particular wholesaler. A day or two before closing, I get a call from the wholesaler's sales person advising that the curr...
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Hello, I continue to question my investment in Laguna Niguel CA. I purchased a 3 bdrm condo for $365,000 in Dec 2009 with 20% down. I now have a 4% loan but pay $280 in HOA fees monthly. I did about $16,000 in i...
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Hi - Just stumbled upon this forum and kicking myself for not having found you folks sooner! I am finding a wealth of information and knowledge from people who have walked the path I am trying to now. I am unfortunate...
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I struggled with where to put this, and when I started in market place, it just seemed like the right place. I own several properties, but I am visiting from our of state. I was at Riverside Park in Tulsa today when...
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I currently have a single member LLC with a commercial property under long term lease. I am on the verge of purchasing my first vacation rental that I had planned on putting in the same LLC. However, my accountant sug...
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I'm looking at a 100% leveraged deal on a 6-plex in a college town. This property should cash flow even (or very close to it) with $0 down and should be an excellent appreciation play. I'm putting 10% down through a ...
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Hello BP Community! I recently purchased my first SFH in January, have a tenant that moved in at the end of March and was excited to get my first check from my property manager for the April rent, until I received a ...