BP,I’ve been reading and researching a ton (for years) and the finances are finally in place to pull the trigger. Now I’m having difficulty picking which house - please provide your experienced thoughts!Do the little ...
Hi,
After marketing my rental for 2 weeks, the only serious renter who submitted an application with $400 deposit is 4 college students ages from 21-23 years old.
I need to rent it out and cover my mortgage especial...
Hi everyone. I have the option to purchase 2 different triplexes and I need help analyzing the deals - getting opinions on the best way to structure the deals and also opinions on which seems to be a better deal since...
So there's a duplex in my area for sale for $198,500. The owner wants 10% down and will finance the rest at 4.5% interest amortized over 17 years on a 5 year balloon with a pre-payment penalty if refinanced before the...
Hello all. I'm having trouble creating a process around property showings for my out of state rental properties. I've just create an account with Cozy to handle the application process for the tenant so that part se...
I know with the title of this subject I am baiting every scammer on the earth, but I feel safe here at BP. Seriously though, I will have 15K (not a lot of money) to start my RE investment pursuit. To be honest I'm not...
Hello Investors-When you are analyzing a deal, do you use the 1% rule? If so, do you add the other costs into that rent amount?For example, if I purchase house for $150k, the 1% rule would be to have the rent at $1,50...
I've gotten great advice here from both experienced and newbie investors so I'm once again turning to my favorite forum for advice.Currently house hacking and one year later I am ready to pull out some cash for my nex...
So I'm slowly adding properties. I currently have three. In all my leases, it states that the tenant is responsible for lawn care. My question is, does anyone have a lawn care business and adds that cost into their re...
I’ve been looking for distressed homes that need some work to flip but I’ve walked away from many houses that need more than what I’m willing (or know how) to do. I tend to walk away if the house has some crazy weird ...