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I’m 22, and will be closing on my 2nd rental property soon🥳🎉🏠 it hurt putting 20% down, ouch ! My main question is what’s the minimum cash flow you want after mortgage is paid ? My first one is $247/mo
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I'm interested in buying a lake house in Northern, or possibly mid-Michigan. I have rented a few for vacations on HomeAway, and now I'd like to just own one myself for use a couple of weeks a year and hopefully have i...
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Hello fellow BPers and Cincy REIs!A complete "newbie" that is trying to educate myself on buy & hold, as well as the local Cincinnati/N KY markets. I was interested on getting feedback on how some people might ra...
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Purchased a 1 bedroom condo for $180,000 in late 2008. Current CMA value is $130,000. Reserves: Reserve fund was $16,000 in 2008, but NO reserves remaining. There have been no reserve studies.Financials: The condo c...
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After purchasing multiple parks and managing them over the past few years here's my synopsis of the pros and cons of owning a park. What has been your experience?
Pros:
Steady Income: One of the biggest advantages ...
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I have a tenant who is buying a house and moving out of mine......I hope. They were supposed to close 3 weeks ago and are due to move out April 10. I have a tenant ready to move in may 1. If they issued notice and ar...
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Several questions to CPA, lawyers or just those who might have better knowledge. For perspective, the property is located in San Diego, CA where I live also. 1. I was told and read that the property MUST be owned by t...
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So I just recently purchased my first rental property a multi-family duplex and haven't closed on the property quite yet. The current landlord of the property has recently just put in a new tenant who's had a prior ev...
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Hello Everyone. I want to first start off with saying I am brand new here and new to investing. I did do a search for "Due on Sale Clause" and yielded 86 pages, so to be upfront, I really didn't want to read thro...
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One of my coworkers 96 year old grandfather had her go online and apply for a tax delinquent property in his neighborhood (North Birmingham). It has been empty for years. Story is the owners got old moved in with thei...