I recently watched the bigger pockets podcast with Brad Dantonio as the guest. Brad bought 5 properties with cash in order to maximize cash flow and retire early. After thinking about it, wouldn't it be wise to do the...
The City of Boston recently enacted regulations that severely restrict property owners from renting out their homes by the night, unless the owner lives in the unit - a move aimed squarely at Airbnb.I don't have a dog...
So here's my situation. Looking for some feedback on what I can do differently next time.I found a multi-unit in a town where I grew up. Five units total, four currently rented. Vacancy rate is low. After getting some...
I hear the words “Cap Rate “ a lot. What is a cap rate and why re they important? Is it something added onto a loan interest rate or maybe equity in a property? What is a good cap rate?
I currently owe $157,000 on my house. $55,000 in various loans,etc. I have $150,000 in a 403(b). Will be out of debt in May-June 2025 (the $55,000). My available income for investing will be around $30-$40k a year jus...
Heyy. I'm trying to raise rent to fair market rent for one of my tenants. I have informed her through text and email. And heard no response. I texted again asking if she got my messages and if she had any questions. N...
Hey, all! I did a gentleman's agreement and he accepted my offer. I'm going to get a purchase and sale agreement form to him tomorrow. We agreed to split closing costs, I'd take care of septic inspection, and I'm t...
Hi All. I'm looking at a couple multifamily properties in Northern Michigan (local to me). They don't seem like good buys, but I'm concerned that I may just have my expense numbers wrong. Below is one of them. Am ...
I just showed my vacant unit to a couple yesterday, who later emailed me and said they were seriously interested and wanted an application.
I sent the application yesterday, and just now he asked if they could see th...
I am quitting my job in 18 months.
To cover a comfortable lifestyle I need an additional 30k in yearly rental income. I have a good amount of money saved up to buy homes with cash and then refi them but very littl...