I am sure everyone has a different view on this topic and of course it's dependent on what your needs are.Some perhaps will want an overseas trip every year, wining and dining every week, some toys along the way and...
A 3/1 townhouse I own in Baltimore was trashed by a Section 8 tenant who moved out at the end of 2016. I spent more than I expected getting it back in shape. Then had difficulty renting it for several months, for vari...
I recently purchased my first home for myself and my family to move into. I thought it was a good start because I could gain equity and use it to my advantage later. I also got tired of paying someone else to live in ...
I had a potential tenant contact me and ask if I accept felons. I have read that it's illegal (discrimination) to flat out say "no felons" so I asked what the crime was. He said "sex offender, 16 years ago when I wa...
I know this question has been asked a number of times...but I'm really struggling on this for some reason...and am looking for those of you more experienced to help me make some sense of this.The new rental I'm schedu...
Hello All,I just received applications for our first tenants ever. They have passed all of our screens (criminal, credit, etc) and in general, I feel good about it. But there are some quirks:• It is 4 people total. A ...
Hello BP members and investors. I am an Asset Protection Attorney specifically for Real Estate Investors. I see lots of questions on this topic about how to structure your companies and protect your investments, but n...
How many people are financially free on here? For those of you who are, do you still work or are you "retired" and living off the cash flow? If you are financially free, which method did you use to acquire it? (ie buy...
What was the "gutsiest" thing you did to finally take the plunge into REI? For me, I unexpectedly lost my job last year and decided to go all-in by investing over 100% of my savings into my first BRRRR. The purchase w...
We would like to sell a mobile home via rent to own and remain compliant with Dodd Frank. We purchased the unit for $8500 in a park. I've posted it for sale on craigslist as follows and would appreciate suggestions fo...