Hi there. Interested in buying my neighbors home as my first investment property. It’s a highly desirable area and homes sold relatively quickly -pre pandemic. I have not bought an investment property before and am lo...
Hey Everyone, I’ve been reading a lot and I am interested in building passive income. I have a potential business partner who will go 50/50 on our first deal so we can get our feet wet in this business. What should I ...
Hello!!
First and foremost, I want to say thank you for allowing me to be part of the BP community. This is my first post here and it’s centered around using condos as investment property.
I just wanted to pick th...
Back story:
Today I was making a trip to go change the locks on a few houses I bought at this months County Auction.
While out in the area where I've purchased quite a few houses, I noticed a rundown house and chec...
A friend of mine had a disgruntled tenant who they were about to evict. The tenant poured a bag of quick cement in the toilet and has destroyed the system. Is there any kind of insurance that could have been purchased...
Last week we had a tenant move into a new property, now I think we can agree as fellow landlords that it's pretty standard that when someone moves into a new place there is always something that needs fixing. So I was...
I'm curious as to what obstacles you faced going through your first deal? How did you handle them? Did they set you back or did you press through with flying colors?
We have a tenant on Section 8 in Missouri. Single mother. She wants to add her son's pregnant girlfriend and, in fairness to her daughter, her boyfriend. "To help them get on their feet". (We are not here to couns...
I recently purchased a house in Burbank, California. It was a long process finding a house that made investment sense in a location with such high demand and such high prices (average cost is $750k for a 1400-1500 sq...
Trying to assess whether we should buy a car or lease a car. Breakdown of our current situation:1. we have one car (only need one car)2. we drive less than 10,000 miles a year3. we use the car more than 50% for busin...