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I had two closings set for end of May....one was fine...of course the other became a huge pain. At least it was the less profitable one. Sure enough there was a last minute snag which came at the 11th hour. My buyers ...
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Hello everyone,
I am a fairly new investor and recently I bought a duplex in Cleveland (44111) and Brooklyn (44144). I have been under since the day I bought (going on two years now.) I am struggling with keeping the...
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I know: turnover is the biggest expense. But let's be more specific. Is it:1. Time sitting vacant during turnovers?2. Losses due to excessive wear-and-tear?3. Maintenance or capex?4. Expensive property management?5. M...
Buyer put in an offer that had a solar panel transfer attached. Sellers agent never attached an addendum stating how much solar panel was …..did due dilligence and come to find out there’s a balance of $18k for solar ...
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Hi guys,
I dont know any full time investors in my life so I have to come here for a lot of newbie questions. Hope this is ok.
I often read about people who have or are losing money on their first investments.
I j...
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Hi BPers, I have a condo in NYC, and I have been lucky that my tenants of 6 years have been paying throughout last year. But no surprise, they want to move out when their lease comes up this year in June. my building ...
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I’m looking for advice on whether to hold or sell a 3 flat-first property. Note: This isn’t my personal property but I have a personal interest in it.
-Purchased an older 3-flat in 2019 at $250,000, with an FHA loan...
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Not sure if this is the right spot for this. Here is my question, I have 3 rentals one is running in the red consistently. You guessed it, its in Arizona! I want to sell it but think I should wait till spring.
How...
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I live in the Northern Virginia area where most of the properties have about a $3,000 a month mortgage. My partner and I are looking to buy our first property soon and we plan to house hack it for a year. I think ab...
Simple novice question: can you lose money after buying a lien?