Hi Friends, Happy Holidays.
Context: In early 2022 I bought a triplex in Connecticut for $220,000 (25% DP on a 30yr mortgage @5.85%) and over the last ~two years i've put in about 60k worth of work (~110k all in). T...
I am a rookie, live in Columbus Ohio and I'm planning to start with a short term rental in Tennessee, vacation areas. I'm looking at properties now, I need some ideas on how to get started with it. Please advice.Also ...
Hi All!Just entering the rental business property and my parents are allowing me to use their properties to grow.They have a property that they have been renting to tenants with no contract for close to 10 years. Thes...
I've come across a decent opportunity on a place in Lake Tahoe. It's not a market I would typically look in but I have a partner I trust that lives in the Bay area that wants to own in Tahoe and has approached me on ...
Hey to everyone in the community!I'm an ICU Nurse of 8 years who has gone part time and is very motivated to begin my journey with REI. I've spent the last two months reading books, listening to podcasts, and doing lu...
Hello BP friends I am a soon to be investor and I am still the the gaining knowledge stage and I am looking to gain more. I am looking to trade my skills as a handy man/ ASE certified mechanic for a few hours a week i...
recently, a fellow investor and I were discussing the most difficult aspect of wholesaling. He said that he found it to be finding TRUE comps. Have any of you found that to be the case? Because I am just starting out,...
Hi Everyone! Happy Friday!
Question about a HELOC:
My husband and I currently own 2 duplexes and have a triplex under contract. We are using a conventional loan to cover 80% of the deal. For the remaining 20% + cl...
If I were to rent out 2 of the 3 bedrooms I have in a place I own, how would I cover myself (legally) with a contract. Do I draft up a sub-lease and have them have a security deposit and what not just like any other r...
Hello! My name is Dan and I have been lurking on the site for a while after discovering it earlier this year. I am currently learning as much as I can through podcasts, books, and blogs. The plan is to purchase my fir...