Hey everyone I'm curious how many of you maintain a separate reserve fund for your properties so as to handle longer vacancies, or other things that come up like with COVID where tenants/payments might get a little sc...
First of all let me say, a lot of this is my fault for allowing them to stay this long. Due to backed up sewer and lots of rain, water damaged the unit and they didn't tell me for days. Now there's mold everywhere and...
Hey everybody, In my area there seem to be condos that will pop up which could possibly make good cash flowing rentals. They tend to run anywhere from $100-150K per condo. My problem is, they tend to get swept up befo...
Hey all, Like many folks here I've been interested in RE investing for a long long time. I've have read many books, listened to many podcasts, and read many posts on this forum and still do so, but I sat on the sid...
BP Community,I am beginning my journey to master my local marketplace and would like some constructive feedback on my strategy. 1. Find one to two territories with large volumes of recent cash purchases (90 days)2. Re...
First time investor here. I'm visiting my STR property for the first time ever this Friday. The property is undergoing a light rehab (new paint, new LVP flooring, new toilets, new kitchen, new vanities etc). The reh...
Hi all,Feel like I have this one kind of sorted out but I just wanted to run it by some people who may know better than myself.The plan is to pull out a HELOC to help subsidize a downpayment on my next rental property...
Hello! I split up my information below to make it easier to follow.
Who am I
My name is Alex. I recently moved to downtown Chicago from law school in California. I grew up in the western suburbs o...
I have been thinking about investing into real estate for a few years and have started taking the first steps toward that goal recently. I have been doing research, learning strategies and terminology, and begun to fo...
Property owners in Florida have faced significant challenges with squatters unlawfully occupying their properties. To address these issues, the Florida state legislature proposed a bill during the 2024 legislative ses...