One of the things i'm most concerned about with being a REI is when I will need a contractor to help me with rehad, refinishes, etc. I know for a fact I'm not going to be efficient at rehabbing a house myself. For one...
do you get a property under contract using a lease option agreement and then sell the option using seller financing? also if i need to rehab a property do you get a hml? how do you factor the cost in for a hml into yo...
I have purchased my third rental using cash for the purchase and repairs. As an example if the purchase price of the home was $30,000 and repairs were $5000. What would be my be course of action to get that entire $35...
Hello All,I currently own an apartment building in which has four units. Unfortunately the building has one water meter and line which provides free water to the tenants. I had new tenants move in and I believe they a...
Ok guys,Below is a house I am ever so slightly considering working on. This may sound absolutely retarded so feel free to weigh-in however you "experts" deem necessary. Heres the deal, this house is in a nice up-and-c...
Hi all!So in Massachusetts it's against the law to charge an application fee or to charge a prospective tenant a fee for a credit check.So...What do you do? I really like SmartMove, but I can't say I'm interested in ...
Hello,
I've been using Craigslist FSBO & FRBO to look for lease option leads. I haven't had any success yet. The FSBOs just want to sell out right. A couple of FRBOs said they may be interested but they said they...
First investment property currently rents for $1,300/month with principle, interest, tax and insurance and mortgage insurance at $1,056.35/month. Because of it’s appreciation we now have 20% equity so we want to get a...
Hello BP Family,I really NEED to start building passive income via rentals. I just watched the great video that @Brandon Turner did, How a Newbie Can Start Building Wealth Through Real Estate. I was SO encouraged unt...
I'm closing on my first investment property this Friday in Lancaster, PA. It's a duplex with long-term tenants who are getting a steal paying way below market value. I'm sure the tenants are torn between paying more...