In a book I was reading, the author made a point to say that calling yourself the "landlord" or "owner" of a rental property in front of a tenant can lead to some rather unfortunate scenarios. Rather, letting the tena...
What is the first thing we need to do to develop a plan for passive income? We want to think realistically and take baby steps if possible. We're reading books and listening to podcasts.
Hello,
I'd like to get your input on how you would invest 400 K. I am a 30
year old middle earner in finance and live in the Midwest. I do not work in real estate but understand the basics. I have 400 k that I wo...
Hi,
Our family is interested in purchasing a home for STR in the Kissimmee area. We are between getting a 3 bedroom, 2 bath condo in Windsor hills (in the mid 300s) or a 5 bedroom 4 bath townhouse(in the mid 500s) in...
So I have had many properties that I had put the typical 20% or 30% down on a 30 Year loan and had a Fixed payment with the bank. When I had extra money or a large commission I would always put large amounts to the p...
Greetings,
I have been to Real Estate Expos and searched the web. There are plenty of ways to find out how to borrow money but very little about how to loan it. I need a sanity check please.
One of the members in my...
Hello everyone!The lease says rent is due on the 1st and late after that, there is a grace period of 5 days before we add on $50 late fee.I have a tenant who moved into the rental in November. Since then she has been ...
I own a 2 family unit in st louis, this is upper level and lower level. I used to occupy the upper level while the lower level was being gut rehabbed. While living upstairs i had high electric bills winter only (all...
Hello, I'm new to BP and excited to be here. What a wonderful source of information, so looking to tap into all this knowledge. Currently looking at exploring the Midwest, Southern, and Western states for multi-fami...
My wife and I are looking to purchase a beach vacation property where we can take the kids once or twice per year and then rent most of the year. We are not tied to a particular coastal market, since we understand tha...