All Forum Posts by: Adam Harper

@Nicholas Morgan I would do it if the number is accurate. Heck, I would do it if it breaks even. This is your first time so what’s more important than gaining the experience through the whole process?

@Corey Thompson, not sure what you mean dead 8?

@Corey Thompson, good question! it depends on how much $ I put in, I guess. What would be a good percentage for cashflow, you think?

@Alina Trigub, thank you! I'm thinking Philadelphia, buy and hold multi-family home. It's an 2-hour drive from NYC and pricing is reasonable. I also like the old architectural properties.

@Raul R. Thank you for the advice. I won't be doing STR in NYC since the laws so tough on the owners here. I'm leaning toward multi-family home rentals investment, turnkey or rehab. And it won't be in NYC or even tri-states area since the market is too high to have any cash flow. I have to find a market first. In the meantime I will study for RE license I know It will have more pro than con for me if I'm in this for a long haul. Thanks again.

@Scott Wolf, I'm open for anything, but house hacking, lol. OK, I'll take that back. Living in NYC is important to me and house hacking in NYC is out of reach unless I can afford a brownstone, which usually is in 7 figures range. Also, NYC is one of the most anti-STR cities in the country, from what I gather in my hunt for the perfect STR. Regarding getting RE license, I don't have specific reasons but I always value educations and knowledge, and whatever I want to do in life I want to be an expert. When I know what I'm talking about and believe what I say others will believe me too. Thank you for your reply.

I upgraded to Pro couple weeks ago. I'm a wannabe investor, and about to sign up for an online course to get my real estate license in New York — I live in Manhattan. I've been lurking on this forum for awhile trying to educate myself about Short Term Rentals — I use Airbnb where I can when I travel, and love it, and want to run STR myself. After searching for a perfect potential STR for couple years it suddenly hits me that why narrow my options to STR? I obviously love to travel and want to make a living from real estate! I now open to all things related real estate investment. The goal is to set me free! So I cut down, way down, on my working hours (fortunately I'm a freelancer and have control over my hours), upgraded to BP Pro, read everything related to real estate investment, sign up to get my license (not to sell properties, just to learn the business), listen to tons of podcast... So I'm a newbie, a wannabe investor, have plenty of times, some cash and amazing credits. I also own a coop in Manhattan. Any ideas, suggestions, advices? I'm all ears. Willing to partner up too, or become a mentee if someone willing:)

Hi all, just upgrade to PRO couple days ago and discover the marketplace that listed some incredible deals around the country, some are too good to be true to be honest (cash on cash ROI 30%++) and beg many questions: 1) Why are they even on the market if the cash flow so great? 2) How do we, as BP members, know it's legitimate? 3) What's the process to vet these deals—your suggestions?

Thank you so much in advance!

@Mike S. thank you. You seem very informed regarding tax lien in Florida. I’m a total newbie and tempted to buy some tax liens on several properties available on the county website (not bidding, just over the counter). Some have multiple unpaid tax years. Do you think it’s wise since I have no way to find out any about the properties? Thanks again. 

Hi all, been reading about tax lien in Florida and was curious enough to go on the county tax collector to see what available. I saw quite a few available for purchase. Digging a bit deeper and noticed that all owners are out-of-state, or PO Box address, or companies. How do I find out the actual addresses of the properties? How do I find out if there are any other liens against the same properties? Greatly appreciated for any advice.