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Hello BP Commumity,I have a dilemma about selling my one and only investment property (as of right now...I plan to get more properties in near future) I acquired it in 2001 for $138,000, in Dearborn Heights,MI. We too...
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If you are purchasing the note on the vacant land, what factors will you look into before you purchase?
Very low LTV, since the land is not generating any rental income to cover interest payment?
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So here's my very first horror story of landlording if you'd like to call it that.
Tenant says she never goes into the basement because she doesn't have anything down there and thus has no reason to go. Two w...
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After 6 months, 50+ properties analyzed, 10+ property tours, and 2 offers, I am finally under contract to buy my first rental property in Omaha, NE! A 3BR/1BA in Midtown near UNMC and the VA hospital.While I feel like...
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Hello all,
I'm in a relatively new REI with a goal to buy distressed properties and holding them to serve as rentals. I recently closed a deal and the property requires a fix-up (kitchen, flooring, ...)
My question i...
I have been hearing investors taking just about every stance right now during the Covid Pandemic. Some are taking this as an opportunity to buy and have increased what they previously were looking to add. Some have ta...
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Primary question to check on with your local zoning group, are they allowed. Same goes for individual collapsible storage units. The following discussion is just on Cargo Containers.
Only if you have cheap/extra la...
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So one of my tenants decides to make a complaint at Board of Health on me without even contacting me first. So of course they go in and find a whole list of violations, most of them typical which I would repair anyhow...
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Brain storming with a friend about short term rentals. The idea of using Conex boxes was brought up. Has anyone don’t this yet? The biggest problem that I’ve thought of so far is insurance. I contacted an agency and t...
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I must say that I find the idea of purchasing Non-Performing Notes to be somewhat fascinating. With a degree in economics and a stint in commercial finance, the complexities of the moving parts attract my mind's inter...