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My wife and I are ready to purchase our first multi-family, first investment property. I was driving by a triplex in a low income neighborhood for 95k and grosses $1400/month. After I scoped out the property, I came...
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I am still a bit confused about the whole topic of tax benefits from having rental property. Can anyone take a look at this example, and let me know if I am doing this correctly?
An investor has a full-time job makin...
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Has anyone used the hard money lending company, 'Do Hard Money' before? Is it standard for HMLs to ask for a one-time deposit of $3000 that includes: 1) evaluators going out to property to determine whether it's a go...
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I want to hear the good experiences and bad on this one. Do you really win in the long run by lowering rent for a longer lease, or should you stick to the script of 12mo leases?
What are your thoughts on this?
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Hi everyone:I have a no smoking clause in my lease agreements, which prohibits the use of the recreational marijuana. However, a tenant recently informed me he has a prescription for medical marijuana.I haven't been a...
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Hey BP sages and fellow investors. I'm brand new.
I'm a busy family doctor, husband and father of 2 toddlers. I'm also very excited about all that I've learned from reading the forums, books and listening to podcasts...
Hello all..I have two eviction scenarios. I know you guys can't provide legal advice. I'm just looking to see what others have done.1) The first tenant is in rehab and I followed the Notice to quit, had the hearing an...
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I live in the NJ are and am currently a Junior in high school(16yrs). I've always planned on investing in real estate in the future but I'm getting sick of waiting so I was wondering if there would be anyway for me to...
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I just purchased 2 houses in Texas. They were with a property management company that I did not want to keep. So on June 2, I emailed them that I was changing property management companies but to please mail me any ...