Hi everyone! I am new here and still relatively new to renting my house out, even though I've been doing it for about 7 years now. I'm only on my second set of tenants.My question/situation is:I rent my old house. The...
How do the pros acquire so many properties in such a short amount of time? I listen to the BP podcasts and the guests are always talking about growing 5-10+ units a year. I bought my first house in 2013, and am loo...
Purchased a multiunit - 3bd/1ba & 1bd/baCost: $490,000Down payment: $200,000Renovation Budget: $70,000Mortgage: $2100/month - 30 yr fixed @ 4%Expenses: $190/Month (Utilities, upkeep, and administration) Rental Inc...
Hi everyone,I live in LA and have started looking at OOS investing seriously and some of these homes I see in the midwest for example go for 80-100k turnkey ready. That's not even enough for a downpayment for a shack ...
So I'm in Chicago. Two six flats. 8/12 tenants now not paying rent. I've been talking to other landlords and it's the same story. I have two buddies with 60 units between them. They're are mostly 1 bedrooms. Rent is u...
Greetings, I just put up one of my units on the market for rent. Many people are highly interested.  I have a few families that are practically begging (for lack of better terms) to be the one selected. Their applic...
Hello! Last month I sent out about 500 postcards to absentee homeowners in various zip codes around Cobb and Cherokee counties in Georgia (Kennesaw, Marietta, Woodstock, Canton, Acworth, etc.). I received 4 responses ...
I'm definitely a newbie at real estate ownership / investing, but I'm in a situation that I hope some better experts can analyze for me. I apologize in advance for the beginner-speak :)Here's my situation:I'm trying t...
I am currently living in a condo with a roommate helping me pay my mortgage. I re-did the kitchen, floors (hardwood), bedrooms and finished the basement. I am looking to use the equity I built in this condo as well as...
I'd like to get some opinions on debt. I'm 23 and have 6 figures on school loans, which don't bother me a bit, matter of fact I refinanced them from 12 to 20 years to free up cash for REI (cutting my interest in hal...