I live in the suburbs north of Denver, CO and purchased a 2 bedroom townhome with an unfinished basement in February during a “sellers market”. I am now in the process of looking into other living arrangements and wou...
Hi all, I’m just about to close on a 3 unit property here in Chicago. It needs a bit of work with one unit I will live in and another two to rent out. Both have current leases that will run out in March and then I can...
I know this is a hilariously small amount, but what can be done with 500 dollars to start investing. I don't care how small the steps are just anything that creates that "first step". I have read real estate property ...
What would you say are real estate careers for beginners other than becoming an agent?
My wife and I started real estate investing about four years ago. We like the buy and hold philosophy and have done 5 rehabs of foreclosures. We are in the process of obtaining our 10th conventional mortgage and our...
Heard it more than once in podcasts that a good rule of thumb is getting a property rented out for 2% of the purchase price. Question: which market is this applicable? Is this only on certain states and expensive prop...
All:I am active duty military - been in for 6 years. My goal is to do a full 20, get out at 42 years old, and be done working with enough money to cover expenses + have ~$10K/month excess. I currently own a 4plex that...
I've never dealt with a private lender or hard money lender before. My question is, is it possible to obtain a private lender or hard money loan for the sole purpose of getting a deal to wholesale. Instead of trying t...
Hi BP!I have a question about inherited tenants since this would be our first deal (other than our own home). We are closing soon on a 3bed/1.5bath Duplex with tenants in place. Their rents is at least $200 below mark...
I had the best tenants ever with no late payments and no repair calls. Three years later I was worried when the rent was not deposited by the 2nd. Normal for most of my tenants but this particular case was different...