Dear wise real estate investors,I am small time. Just own one rental property (outright), which is worth about $160k. I am wondering if I should take out a mortgage on it. Here are my considerations:I will be leavi...
Hello BP Nation,I have asked and been asked this question over and over again by friends. I know different people have different opinions on this and in this post, I wish to generate those opinions by briefly stating ...
I am confused. I have heard Lease Option, Lease Purchase and Rent To Own. I am not sure I am speaking the same language when I refer to Rent To Own versues lease option.Can someone explain the difference to me? Her...
Economic Update
(Yom Kippur Edition)
The second quarter of 2020 (April, May & June) was the mother of all economic contractions. Real GDP shrank at a 31.7% annual rate, the largest drop for any quarter since ...
I was reading an article and there were some hypothetical situations and one of the things ended up being a pretty clean cash offer at ~$200K for a rehabbed house.
What I could not get past is that I just can...
So does anyone negotiate with bids they received from general contractors on rehabs?
If so how do you usually go about that?
I put together a detailed scope of work and a bid document for the contractors. They the...
I closed on my first investment property on the 6th this month. a couple of days later I listed it for rent. Since then Ive had dozens of calls but only 2 people have shown up for a tour of the property and 4 people h...
Ok, I know this question has been asked 500 times, 500 different ways, but it still seems clear as mud. Quite possibly the most confusing part of the business to me. What software should we use that has management cap...
Hello,I'm quiet new here, am interested in REI, but am at a crossroads and am ready for advice.Classic question: Do I rent my home, or sell it? Based on the allpropertymanagement.com rentVSsell calculator, it falls on...