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I plan on retiring early and moving to a cheaper state in ~3 years. Our plan is to move into a rental home in the new state, sell previous home, and eventually buy a new home in the new state.Between now and then I p...
Hi there,
I'm new to this great forum and I have a question regarding positive cash flow and duration of loan.
I'm currently owning 2 SFR, 1 purchased with cash and second purchased with a 20% DP and I have a positi...
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What is everyone's thoughts and opinions on accepting credit card payments from tenants? I have generally veered away from credit card payments as now the tenant is in debt to my company and the credit card company c...
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Hey guys!According to an agreement with our PM, they get to keep all the late fees that incur if tenant doesn't pay rent on time. Would you have accepted that paragraph in the contract?Thanks!
Has anyone pulled their 401k out (not borrowed) to purchase an investment property? After paying the taxes and penalty, we’re the returns still better or worse than leaving in a 401k? This seems to be dependent on a...
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okay so this is only my second post on BP, and I have a strong interest in becoming a real estate developer someday.I know there are many ways to become a developer but,Unfortunately I don't qualify for the education ...
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There is a corner of my house that is leaking in some water (see picture)I had a company come take a look and they want to charge ~$2,700 to install a sump pump and about 15 feet of french drain. My question to you is...
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Hey BP,This is my first post but I've been lurking on the forums for about a month. I am now convinced that my future lies in real estate. I live in Northwest Indiana and I am seeking my IN and IL licenses as soon as ...
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I own nicer SFH rentals nice and establisehd neighborhoods and I wanted to understand if there is a correlation between nicer rental = higher turnover when compared with average rentals. The reason I ask this questio...
I am in process of purchasing my first investment home. There are tenants in the property right now, they have been there for 4-5 years and they are asking if i would consider for them to stay. Their current rent is a...