I am new to RE Investing and do not own any current rental properties, but it's an area of interest. I'd like to build up passive income. A few questions I have in evaluating the profitability of rental property:
1...
I’ve owned a condo in Aiea since 2002. I’ve rented it out to the same tenant since 2010 for about $2500. They are leaving. I live out of state. We converted a two car garage into a nice unpermitted apartment under the...
I'm under contract on my first multi (yay!!) and I'm setting up my accounting. Is there a number you like to set aside as cash reserves for cap ex and repairs? Is there a number per property you like to leave in the...
I’m pulling about $125k out of my current home to start investing. Am I better off putting that all down on one property or splitting it up into several properties? What’s the best way to look at this, straight up cas...
Hi all, I am an investor looking to network with other fellow investors in the Austin market. Currently I have a few SFR as LTRs in Austin, looking to expand my portfolio to include STRs this year. Always happy to tal...
I had a tenant message me saying that he is officially moved out after renting for 6 1/2 years. I can't recall the last time I had a lease signed(stupidity on my part). He gave no notice of leaving. I sent a text aski...
Hi there,
We are somewhat new to real estate investing. We've bought and hope to buy a couple more next year. A couple of questions regarding cash flow. So after paying for Mortgage, Insurance, Property Taxes, HOA an...
Hey BP gang,I'm looking at a 15 unit property in Detroit. The price is decent, as is the rent. However, the landlord pays for everything but electricity. So last year, the utilities came to $17k!!!! Which of course, k...
I’m a new landlord for 2 properties. What are the best ways to collect rent?
Wondering whether I should use money from an inheritance I'm getting to do a fix and flip, or find a hard money lender instead.
This will be my first deal on my own, as the last one I did was a partnership with my ...