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Our first question, as relating to our own current situation: My wife and I are nearing retirement (about 6 years). We own a NYC (Brooklyn) condo that is worth approximately $460,000. We earn $2,000.00 a month in rent...
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Hey guys and gals I have a quick but important question. When do you give a renter their deposit back? What criteria must they meet or what do you look at before giving it to them? I'm currently wondering what to tell...
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Hello!!I have a family member who paid cash for a house in Miami for 70k. The house is now worth about 250K.I've never owned a home before and I'm trying to figure out the best way to use the equity in the home. This ...
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I've found a mobile home park with 9 mobile homes (owned by the park, not the tenants) and a house on the property. Each unit is rented out month to month at about $350 per month. The rent roll look a little sporadic....
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Hey there! I listen to podcasts and read through the forums but Im still trying to get a handle on prioritizing my creative financing endeavors...as Im sure most people are. I have two homes that I rent out through ...
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With airbnb and VRBO now offering 1 million in coverage how are you handling your homeowners policy? I have commercial policies on my VRs but I'm wondering if its worth the extra money?? Love to hear your thoughts!! T...
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Hello BPI wanted to share a success story in finding a great deal in an inflated market. I live in a state where there are tons of investors from around the country, and around the world frankly. A lot of money come...
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So I'm still trying to fully wrap my head around the BRRRR strategy. I'm going to try and explain what I think I know thus far, and hopefully someone can chime in to correct me or fill in the blanks. I know I'll be ov...
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Hello everyone,I am a fairly new landlord in the state of Illinois. I own a single unit within a building of about 43 or so units that is managed by an HOA. I experienced my first tenant swap this month, and needless ...
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This is a long one, so buckle up. I got into real estate full time during the foreclosure crisis, these are just my observations. The timeframes may vary by market, I can only speak for what I’ve seen in the Florida m...