Changing out a light in my duplex and...does anyone know when this became illegal? I know my place was built circa 1923-1927 and remodeled in 1945. I don't think this cheap aluminum and plastic fixture is seventy-plus...
Hi All,I'm about to purchase my first home with the intent to rent it out in due time. The cost of the home is 225k with 3.5% down. My monthly principal and interest is 1054.72, but when including hoa fees and the oth...
I know that a lot of landlords are suffering right now. Much has been made of the struggles of tenants facing financial hardship and many landlords have been placed at the mercy of the now-exhausted small business rel...
This Birmingham, Alabama property was put into service in September of 2014 and was the successful beta test to prove the concept of remote out-of-state investing. I acquired the property from a marketer that makes co...
I have been offered ( by a CPA and Legal Buffet ) a reestructuring of my business with LLCs in Wyoming as they apparently offer the best asset protection as you can have a Nominee manager The scheme sounded great but ...
Hey BP,I am really curious to hear what others have done on the side to earn money for the down payment on houses. I am looking more and more into side hustles that I can do to create a nice sum of cash to put into an...
HI all, This is my first post for info. So I am excited to read the great responses that I know I will be receiving. Let's get started:My business involves buying cheaper houses that need a lot of work and rehabbing t...
As someone looking to buy their first buy-and-hold investment property sometime within the next year or two, it's really disheartening analyzing properties in my area. I live in San Jose (right in the heart of the ...
I received a question about profitabilty of being a PM. I thought about it. I've had PMs at times 10% of rents. I'm thinking around here average rents are probably $500, that's $50 bucks plus first months rent.
$110...
Hi BP Nation,I have always had this argument with folks around me who believe that rent to value ratio is a better metric than ROI for analyzing investment properties. The price-to-rent ratio is the ratio of resident...