Jason Schmidt
Buying 1, paying it off, buying another, paying it off ... am i alone?
My methodology is very very conservative. A lot more conservative than many here. Most are using other peoples money, and taking equity out of houses to buy another, etc. I just really don't want to get to a point ...
Libby Baugher
Should I use 30 yr or 15 yr loan for my rental properties?
I have a question regarding which loan to use for my rental properties. Here is some background on me. I am 51 years old and am just beginning my real estate portfolio. I have a good paying, secure job making 6 figure...
Steve S.
I have 2 rental properties. Benefits of paying off early?
What are the pros and cons?I have bought them within the last year. I could probably pay off both in 3 years or so and would gross about $3,000 per month in rent at that point.Are there reason NOT to do this? $3,000...
Account Closed
Pros/Cons of Los Angeles?
I (25) live in LA with my parents and am chugging along at work saving up money for whenever I figure out what I want to do with it. Recently, my uncle (who owns a few condos near his businesses that he rents to emplo...
Chris Thomas
House hacking one Oh one
My name is Chris Thomas I’m brand new here to BPP and I am not the traditional adult. My mom passed away and left me with a large chunk of change most of which is in mutual funds the other half is in a retirement fund...
Amy A.
Met my $100k cash flow goal!
A few years ago I set a goal of $100k of rental cash flow per year. This month (it's only Sept!) I made it! Started in 2007 with a 5 unit, another 5 unit in 2008. Tried to sell around 2010 due to frustrating tenant...
Adam K.
Rental appliance strategy discussion
I have been doing a lot of searches on the BP forum about appliances for rental properties. I am really surprised to see that some landlords do not provide appliances. I am located in New Hampshire and I have never re...
Account Closed
What amenities attract the best tenants?
I've seen in other threads that a lot of landlords basically always include a dishwasher and tile the shower, even for lower end properties. I'm wondering how BP feels about other things like washer/dryer, a/c, garbag...
Phil Wrigley
Central Florida vacation rental
Is a vacation rental in Kissimmee / Davenport a bad idea? Prices seem to be rising but there is so much inventory. Is it possible to make money on a mortgaged property? I’m thinking 4 bed pool home...
Uwe S.
Now I need your advice
Hello everybody,
Yesterday I found a property on craigslist Cleveland, a 8 unit (6 apt. and 2 store front) for only $95k. Building is rented out (month to month) and I can buy this house with my o...