Hey everyone!My wife and I are very young (both 21) and we have our first baby due in October. To make a long story short: I am wanting to get a headstart on real estate investing. As of now, I am really thinking it i...
Hi all
Was curious for the independent landlords (those acting as their own property manager) what's your preferred method for collecting rent and keeping costs down at the same time. I previously used an electronic ...
I didn't want to derail the other interesting conversation about credit scores, so thought I'd pose this as a separate question.When I was renting to mainly techies and students, they often had no credit at all. Ofte...
I have a friend whose, daughter is getting her first apartment. She only makes 2 times rent and they require 3 times as most do. They would accept her if her father (My friend cosigns). I have not done cosigners so I ...
Let me start off by saying normally I’m funny, easy going and a joy to be around. But when it comes to real estate deals I’m the complete opposite. Not only am I an agent myself but I purchase mainly out of state rent...
Good morning!I have identified an 8-plex that I am strongly considering purchasing. This would be my first foray into multi-family of any kind and I want to be sure I'm not missing something. So far the costs that I...
Hi BP,I need your advice on whether I should get rid of my problematic out of state SFR rental property or take a loan to gut it.It’s a 120-year old 4br 1ba SFR in a not-so-good part of Allentown, PA - very typical to...
Has anyone use RUBS (ratio utility billing system) on a small multifamily property (say 10 units or less)? Is it cost effective for smaller units? What are your thoughts/experiences? Thanks!
Hi all,My name is Matt, I am 25, and looking to begin my journey to financial freedom. If there is something I see the most regarding building wealth for retirement, it is to start early. So that is exactly what I a...
I’ve been fortunate enough to have found success owning my own business for the last 4 years. It pretty much runs itself at this point and I only have to put in less than 15 hours a week into it. In my quest to find w...