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I'm considering using a property manager for my first RE investment. I understand there are different circumstances that can determine if this is a good decision or not but I was wanting to hear some of your opinions ...
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Hi! I'm completely new when it comes to real estate investing. My goal is to build wealth and generate income through buy and hold rental properties. I live in NYC, so cash-flowing deals aren't in my local area, an...
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Hi all, I currently have 5 rentals (Condos/townhouses) here in the Denver Metro. Total cash flow per month is approx 2,500. All are in good positions of equity (all bought prior to 2009 and two are paid off). Our mark...
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I am in escrow on a condo we are selling for $380K. We have had so many HOA plumbing/pipe issues over the years and we are just tired of the headache. After three major water remediation and renovations, we are over t...
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I'd love to get some insight on how other investors feel about these markets. I've been looking around and these areas have lower property values, but will most likely have a lower quality tenant. I'm struggling with ...
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I am looking to nail down my first lease in Florida. I currently do not have an LLC yet, it's going to take at least another 30 days. I have found I property that I like but don't feel that it will still be available ...
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We have been investing for a number of years in KC and I have followed many of the success stories here on BP and thought I would contribute one of ours. Its quite long but I hope instructive.In late winter 2010 my p...
Hey BP'ers, I'm a long term lurker on here. I am very very overwhelmed with all of my options and would like to bounce some ideas off of you guys. I purchased a 2 unit in Denver, Co Feb. 2014 for $301k. Just appraised...
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I've been dividing my monthly rental income into 3 buckets.
Bucket 1 goes into repairs for the property
Bucket 2 goes into the mortgage payment
Bucket 3 goes into future investment savings (MM acct due to higher ...
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I have submitted paperwork to a commercial lender to see where I stand financially to possibly acquire two properties as rentals in a college town and rent to students. I will meet face-to-face on Monday but he is te...