Joe Splitrock
Where do you park your money?
I am wondering if you built up $10,000 or $25,000 or $100,000 in cash to invest, but were not ready to invest, where would you park your money? Would the "location" change based on the dollar amount?- Money market (FD...
Kenneth Sok
Painted popcorn ceiling? Keep or remove in a rental.
Just closed on my 3rd rental. This beauty was built in 1977.I learned today how much "fun" there was in trying to peel off painted popcorn ceiling. It definitely doesn't want to come off easy. I've already taken out a...
Sean Gallagher
Few questions about rentals
How profitable is the rental business? I've been looking over some threads here and see that percents are used a lot when dealing with duplex's/ plan on renting out a building. I'm not too certain on the percents an...
Kris Wong
Can I get a commercial loan on a residential property?
I am trying to get around the 10 mortgage limitation that most banks have these days. My partner and I are buying distressed multifamily (2 - 4 units) with hard money, rehabbing the properties, putting good tenants in...
Steve Vaughan
Steve's 5,000th post!
Was surprised to get notice of my 5,000th post this morning from BP! Are you telling me that I've been arguing, advising, sharing and yacking to the tune of 5,000 times already? I haven't seen a milestone post thread...
Joe Pearson
Newbie from Manchester, NH
Hello!I'm Joe Pearson, a full-time software engineer and a hopeful buy and hold landlord aiming for the Manchester/Nashua, New Hampshire (NH) area. My goal is to purchase a multi-family (probably duplex), or maybe a s...
Andy Petzold
Tenant Refuses Fridge for Fear of Ghosts - What would you do?
A few days ago a tenant reported reported that her refrigerator was performing poorly and didn't seem to be cooling as well as it once had. She complained of food spoiling quickly and frozen items partially thawing. T...
Johnnie Schneider
Best cash flow cities for 2023
Hey there, my partner and I are looking to get our first rental property together in 2023. Just wanted to come on here and see what everyones favorite or best cash flow market is currently or moving into this new year...
T Brown
Agent steering us away from short sales, foreclosures, etc
We are just starting out in our buy and hold strategy, and I specifically told my agent that we want to spend around 40k, and are interested in short sales, foreclosures, etc. She showed up for our first meeting with...
John Jabson
Inflation?
This is such a basic question, but I don't quite understand the basics of it.
If my income increases by 3.5% per year (that's my current raise per year per our contract) and inflation has been between 3-5% pe...