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I'm ready to take the leap in real estate (I think). I've been approved for 100k through a HELOC. I know I want to start purchasing long term rentals but I can't decide if I want to BRRRR a small single family home or...
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I recently made an offer on a duplex, it's 4bed 3bath front unit + 2bed 2bath rear unitcurrently rear unit is rented for below market price at $930, market is around $1100-1200, rear unit is in very good condition and...
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Im a wholesaler and A realtor reached out to me with a potential deal and has agreed to show it to me Friday before it is listed. Realtor says the house was appraised for 150k and the owners are sticking to it and are...
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Hi all,I am trying to figure out if I want to buy a property. Situation is this... Rented at $1600/mthHouse cost $215kFixed cost are PM, HOA, INSURANCE AND TAX = 160+13+50+230=$453Current mortgage rates are my strug...
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This sounds like a purchase and then a lease option but I'm not exactly sure. I plan on bringing in a local expert but want to get BP's take on it.
Here's the details
owner needs to sell. lets say it's for 100-110k
...
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Do you know how much you could lose in a lawsuit from a tenant? Are you personally protected if a tenant has "a good case" against you?
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Hi Everyone!
My partner and I remember recently purchased our first property which is a 3 family in Chelsea Massachusetts (very tenant friendly state). My partner and I will be landlord occupying. The building has 1...
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I'll preface this by saying I've already taken these questions to three separate professional accountants. One straight up told me he has no clue, and the other two gave conflicting answers. So hopefully the interne...
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Open to replies/opinions from ANY market. Should tenants get a grace period? Should they be charged late fees? Share your experiences with collecting rents and making grace periods/late fees work in your favor. I have...
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So I’m 23 and I live in Augusta Ga. I lost touch for a little while but I finally have a good sum of money to put down on my first house. I’m trying to absorb what I can like a sponge to learn. I’m young and My goal i...