Nobody knows how long mortgage interest rates will stay high, but one can start preparing by thinking what is likely to happen if/when they become lower, say in a year or two. Most people seem to take it for granted ...
I have to vent. Section 8 is not GUARANTEED MONEY. IT is not a cure all Panacea. It does not always pay more than market rent.1. Tenants pay 30% of their adjusted income. They still have a monthly payment. They ofte...
Through my marketing to find cash buyers/investors I have found that many don't have a complete knowledge of re investing but want to get started... however I hav found that most becokme tire kickers because of cold f...
im thinking about looking at an apartment complex the next town over from me and was wondering what you guys think of it. Its a 23 unit complex with 3 two story buildings. Id say a b class property in great shape buil...
Below is list of preliminary questions I plan to ask various property management companies in my market this week before choosing one to manage my multi-family, value-add property (once I find and close on the deal). ...
Hello, I am 26 years old, single, and moving to Austin TX in the next couple of months. I have set a goal to save up at least 25k in 1 year to invest in a house hack, whether that by a duplex triplex or fourplex. My 5...
Hi all,TLDR: I'm 50 and want to scale quickly and be FI in five years. For my first MF, should I start small with a duplex or jump straight to large MF since I want to eventually get there anyway? I.e., is there val...
This question has been asked so many times that I have decided to write up a crash course in analyzing financial statements. You don't need to be a financial wiz to invest in real estate, but you really need to under...
Hi BP! Quick and easy question for all the new or soon to be new landlords out there. What's your biggest fear of becoming a landlord?I am here in Chicago and have had pretty good luck so far with decent tenants, ho...
Hi everyone,
My parents have owned a 3bd/1ba investment property in West Hartford, CT for 20 years. The property has been rented for nearly this entire time.
The house has a good amount of deferred maintenance, is n...