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What's everyone's opinion on buying a condo for their first rental property? I kind of feel it's a nice way to get my feet wet and like the low maintenance aspect. Love to hear your opinions.
Thanks
Phil
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I purchased a single family home in the suburbs just north of Boston- approximately 1300 sq ft/ 3BR,1BA and I'm in the process of gutting it. I went to get a building permit from the town as the "home owner" and they ...
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My wife and I bought a home in Virginia June 2017.We had intentions of living there for several years. We had moved to a suburb of Richmond from Texas for a "dream job." offered by a friend who had a start up business...
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Hello all, I have a place in the Jefferson Park area and am torn between using this as a long term rental or short term rental. I would love to chat with a Superhost or similar in the area about how well it can do. Lo...
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Hi, I broke my ankle in February and luckily the insurance company for where I fell accepted fault and I am expecting a decent settlement. I want to make the most of the money so we are thinking we want to remodel. I ...
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I am in the process of purchasing an REO property but have now had the closing date moved twice by the bank because of problems with the title. The title company says they cannot insure it due to the bank foreclosi...
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Hello everyone,If you have a portfolio of single-family properties, do you always have to track the income and expenses by property?I'm pulling together my numbers for my partnership tax return and it is a pain. We ha...
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Hello BP,wanted to have your insight when you guys run your numbers and also how you adapt as interest rates are on the rise.I tend to follow @Brandon Turner numbers (100$/month/door & 12%CoC for apartments). And ...
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Hello BPMy name is Ariel and I'm new to BP forums. I am 29 years old, a TOTAL newbie on REI, never bought a house nor invested in one, and I work full time as a chef.I'm here to seek advice from experienced investors ...
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Every now and then, I'll receive a legitimate check in the mail with a warning that by endorsing it, I'll be agreeing to sign up for an insurance policy, a magazine subscription, or whatever else.
Anyone know about t...