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28 January 2025 | 13 replies
Hey @Spencer Cuello, so you will find most of us aren't fans of arbitrage.I see you listed NYC so you know that you can't do a STR in the city unless you live there.IE: You need to be onsite, living in the same unit you are going to rent.As per usual...
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9 February 2025 | 36 replies
Their attorney general website is like NO other in the United States when you have had to go look at multiple states like I have.
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13 February 2025 | 17 replies
She finally accepted that she wasn't getting a refund if the unit wasn't rebooked.
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29 January 2025 | 6 replies
Frank, For a rookie investor with low capital looking to build a rental portfolio, the best strategy is house hacking: buy a small multi-family home with a low down payment (FHA or conventional loan), live in one unit, and rent the others to cover your mortgage.
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27 January 2025 | 12 replies
Getting hands-on experience with out-of-state investing, particularly when it comes to remodels and managing from afar.I have assisted OOS investors with repairman/handmany/GC references.
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27 January 2025 | 8 replies
Where do you live, and where are your units?
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27 January 2025 | 18 replies
Originally posted by @Joseph Binkowski:Hey BP Community -I was sitting-in on an investor presentation for a syndication of an attractive 320-unit Class B MF development in a fast-growing market, and then I realized... it was a 506c project for accredited investors only [which I am not.. yet:)]So then I began thinking...How can I possibly get involved?
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21 January 2025 | 4 replies
Right now I own a duplex, I live in one unit and rent the other for $1400 per month.
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23 January 2025 | 8 replies
However what happens when the tenant vacates and now the unit has to be turned over/takes a few months to find a new tenant and during that same period of time the sewer line goes and you get hit with that $15,000 cap ex expense in addition to the vacancy and turn over costs.
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25 January 2025 | 13 replies
I have one tenant who is a god send compared to most, he accomplishes nearly ever repair I need, even did an HVAC unit.