As I continue to explore and prepare to be a REI I am finding people around me being very doubtful and advising against. The feedback is always about the headaches, constant tenant problems, constant repairs, evictio...
Hey guys,So I recently got out of my 3rd deal in Cicero, IL (Chicago Land Area). I’ve gone through the process 3 times (Offer accepted, appraisal, inspection) and for some reason something always needs to come up. So ...
I bought my first SFH back in the summer. I was able to get it rented fairly quickly (in a month) just advertising online. Screened several people and settled on a family moving to TN from FL. We did a 10 month lease ...
Hi guys! A little about me, I have been lurking around BP for about a year, listening to the podcasts and reading blog posts. I saved up some money over the last couple years and just put an offer for 25% down on an...
Hi all,
I’m interested in purchasing my first property by way of house hacking a multifamily property. I’m pre-qualified for a mortgage. My question is should I pay down debt (student loan, car) before investing or j...
I just started managing one of my rental units after a several year hiatus (it was managed via a property manager during the interim).
I'm screening applicants for a vacancy, and I noticed something odd. I pulled wh...
Hello fellow BP members! Looking for a little advice..Little background: I am a financial analyst for a multifamily developer, so i understand real estate and all of the financials associated, but i am definitely not ...
I'd like to enter the private/hard money market as an investor with money to lend. I don't want to find/underwrite/service the loans. I'll let a broker do that and earn a cut for their efforts. My problem is a lack of...
I've recently become interested in the idea of investing in syndication deals due to its "active-passive" nature (and also diversification of my portfolio of course). With any investment, I plan to conduct due dilige...
Dear All, I know this must be a newbie question: how to qualify for a loan on a second or even 3rd property when your income is not great. A little back story here: My husband and I bought our first home, a $130,000 o...