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I purchased a small home in an age restricted (55+) community. I expect many of the potential renters will be retired, so their income will be from from social security, pensions, and savings.
Does the 3X rule (incom...
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Hi
I'm new on BP. I've been hanging out reading a bunch of really good info. Thanks everyone. I have one rental house that I have been renting out for the last 9 years. My renter just moved out and I am in the pro...
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Starting an llc in Illinois to get hard money loan and flip houses. Is there any reason to not have the purposes on article of organization be both general contracting and property investing? Name of the company wou...
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Hello! I'm thinking of starting a property management company as I have a lot of skills I can leverage for this type of business. And I can start within my own network. Would you recommend STR/Airbnb? Or long term pro...
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In the next few years I plan to get involved in real estate investing once I have enough equity built in my home to pay for a down payment. There are two areas that interest me. Those include flipping and selling and ...
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Hi Maine people, Here's a silly question- say I'm going to purchase a move-in ready retail-priced duplex to live in. After the first year I decide to move out, say it cashflows but only slightly (200 a month?). Will I...
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What should we do?
We are looking to buy our first house, but also looking to invest. Will buying a house first affect our investment opportunities(this will be with an agent and bank loan). If we invest first we'll ...
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I've asked before but the market is always changing slightly. For Phoenix, what's in higher demand?
-New, affordable duplexes that have 2 bedrooms in each unit? 550k roughly
-Or new duplexes with 4 bedroom units an...
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Is anyone investing in Gastonia, NC? I am out of state (NY) but looking to buy a property in cash for rental income. The only reason I will buy cash is to try to get a better deal, and then right after, I can refinanc...
We are scheduled to upgrade the kitchen in a property and we have a tenant living there. The kitchen could potentially be out of commission for about 10 days. What do you do for the tenant if you’re updating and they’...