Hello All,Im a newbie and Id like to hear the advantages and disadvantages of low income multifamily rentals. I recently submitted an offer to purchase a duplex in a rural area that I would rate at D. Since the area i...
The idea of retiring early is a fantasy for a lot of people. For many, though, it will never come to fruition because they don’t generate enough investment income.Fortunately, it’s possible to fund your retirement wit...
There is a condo in Chicago that allows STR. If I were to buy it, would I have to apply for the license with the city, or is the license for the property and not the owner?
Thanks, new to this STR stuff.
Adriana
I would like my first property to be one that I would need little to no renovation. Either way I'll be excited. My question is, what is a good number to have in my savings to begin with?
I am wanting some pointers on why this is a good or bad idea. I offer my tenants a purchase option after 1 year providing they pay on time every month for 12 consecutive months. Then I owner finance the property for 2...
@Joshua Dorkin Thanks for going to bat for the Property Managers out there in "Show 80" with Jonna Weber. It was a great podcast.Keep up the good work!
I'm extremely frustrated with my current property manager in Indianapolis. Does any one have a recommendation for a property manager there that does primarily single family homes? This is a 3 bedroom 1 bath 1200 SF si...
BP Experts, I have a question about buying non-performing first notes. This one involves family so it really hits close to home. Recently, my grandfather passed away. Losing his income means my Grandmother cannot a...
Yesterday I closed my first investment property in Ridgefield, NJ. It's duplex. Each unit has one bed and one bath. Average rent for one bed room around the property is $1,200 to $1,400. But still the tenants living...
Hello PB (sorry this is so long),
I have a tenant who has broken the lease several times. So many times that if tenant would have been with someone more knowledgeable in the business or even controlled by a PM compan...