I was recommended to talk to Chris Clothier and Memphis Invest at a recent meet-up here in Los Angeles, when the subject of turnkey buying of rental properties out of state came up. I contacted them and am now having...
Hello! I am brand new to BiggerPockets and semi new to real estate in general. I am a real estate agent and landlord to one property in Northwest PA. The property is a 2/1 single family in an alley. I have had a tenan...
So I haven't heard from my tenants in 1 month. I'm a long distance real estate investor and my PM company has called, texted, e-mailed, sent out smoke signals but tenants are still refusing to answer. They initially s...
When evaluating a property what do you look for:
High Cashflow?
Example: $74,000 house rents for $900 month, buy with all cash gives you a 9% Cash on Cash return and a $587/mo cash-flow.
or
...
In the past my tenants knew us as the landlords and owners. They'd call us if they had problems and issues. In the future we are going to take the advise of others and stay anonymous as much as we can.
Do you guys w...
Hello everyone,
I am new to real estate investing and have a quick question to ask you guys. I'm in a pretty unique situation where I will be able to invest and/or save roughly $50,000 per year (sometimes more if I ...
Hi All,
I am a new investor who will purchase his first US property as a rental and I am wondering if I should open an LLC or would purchasing adequate insurance and an Umbrella policy do the trick to protect me.
...
Background:I have a tenant who has been renting for about 10 months. She is a retired probation officer and currently works part-time with one of local city governments in the traffic court division. When she first ...
I've scoured this site for months upon months and haven't come to a solid conclusion...so, I'm sure I am asking something similar to every other newb- and I apologize not only for the repetition but the length.***My q...
Hello All, I'm leaning towards the strategy of house hacking and focusing on paying off the mortgage of the house within 5-10 years. I'll be paying it off with my wife. We are 28 and on buying in about 3-4 years (we...