I've been speaking with an owner here in the KC, Mo area regarding a SFR he's interested in selling. He's not behind on payments and he doesn't like the risk of a subject-to purchase. He is willing to do a contract fo...
Hello all. Im looking into buying my first property soon. I found one that im going to look at tomorrow.It is selling for 140k. It already has tenants in it renting it out at 1260.00 a month. Does this sound like a go...
Does anyone have any advice for getting discounts from a property manager for multiple properties? I currently have a PM for one property and am considering using them for a second. Things have gone well, but I've onl...
Hello all,
I'm new to REI and looking to build a portfolio. I live in the Windsor, NS and would be looking to start in this area however hopeful to expand later. I would love to talk with an investor from the area th...
Hello BP community,I have a duplex located in upstate New York and I have a tenant who’s lease expired on 8/31/20. The lease states that if the lease was not renewed it becomes month to month. The tenant is back 2 mon...
I am looking for ideas on how to set up a successor plan in case something happens to myself, and I can no longer take care of my RE portfolio. I have a few commercial properties held in separate LLCs, and a few prope...
Hi All,
Would someone explain to me how the numbers would fit in to the 50% rule. To my understanding half of your total rent will go towards your expenses. So correct me if i'm wrong but half of my rent shoul...
Greetings,
My name is Mark Saxon II. I'm a Marine vet out of OIF. I'm born and raised in Pittsburgh, and it seems to keep drawing me back. But that's okay, because the land values are rather low compared to the re...
Hello BP community - This is my first post where I am reaching out to the BP community for help and could use some advice on the situation I am in. I am an avid BP listener and really need to start leveraging this gre...
Hello,This is probably a very stupid question but:How are people able to househack multiple properties in the same year? I thought you had to live in these properties for a year until you can move out..and if you didn...