Hey everyone! So my wife and I have decided that we are wanting to try our hand at short term vacation rentals. The problem I’m running in to is picking a destination. We don’t have a large sum of money so we can’t go...
Ok so I find a foreclosure deal...what happens next? I've heard that the asset managers can be a huge obstacle in moving forward with the process. Let's say that it takes 2 months to get to the closing table from when...
Looking for feedback on the assumptions I'm using for a buy and hold 4 unit multi-family analysis in the Midwest (Cincinnati). Each of the 4 units rent at $500/mo and are 1BR/1Ba. Separate electrical and heat. Owner w...
Any feng shui REIs out there that have any experience buying a property that sits at the end of a T intersection? The street that comes to an end feeds directly into this property. Thoughts?
Hi BP people
. Closing on my 2nd rental now since becoming a member. I decided how's the time to convert to an llc. My question is gjis though ( I was told to keep all the property transactions in the llc. How do u g...
I'm renting a single family home. I've had quite a bit of interest at $1150/mo and think it would be relatively easy to fill.
I just showed it to a prospective tenant that pulled up in a $75,000 Mercedes and said he...
Afternoon folks. My real estate career is at ground 0 and I am assessing my situation, to find what area of real estate investing is best for me. What do you think? Some quick facts to help you understand my build as...
Hey Everyone,I've been looking to get involved in duplexes in Chicago for the past few months. After putting my first offer down last week and being passed up because of too low of a down payment, I've started to loo...
This is purely hypothetical, I just rented four units and find that in my area, and in the type of rental I have I occasionally find perfect tenants, but there is usually some "issue", or I have a sense they may not s...
I will be purchasing my first rental property and I own my primary home outright with no mortgage. The property costs $210,000 and my home’s value is 465,000. I am not sure what the right way to finance this would be...