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Hi BP Fam!So the rule of thumb I hear is to have the tenants gross income equal or greater than three times the rent rate. Just to clarify, If I have a boyfriend and girlfriend, sisters, friends, whomever renting my u...
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I've got a question for you agents. It's basically, what are reasonable expectations I can have of my agent? Allow me an anecdote to specify. I plan to move to a different city (1hr away) soon. My approach is to p...
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Hello all,Looking for any advice and insight on steps to take to recoup funds used to close on a construction loan that would eventually be cancelled prior to the construction even starting or the maturity date.Backgr...
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Hey everyone! Quick questions that I am hoping someone with experience in owner financing can answer. I am seeking owner financing on a single-family deal near me. The seller is up for it, but the mortgage does have a...
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Hi team, I'm looking to add a 3rd property to my portfolio this year and identified the Lehigh Valley as a good location to expand to. I'm currently house hacking in Weehawken, NJ (Working in NYC) and looking for a sm...
In recent years my Mom (59) and I (36) have been partnering together to make our first moves into real estate investing. In this arrangement she is essentially a silent investor and I manage the properties. To date th...
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My ex-tenet who moved out *7 months ago* texted me today and demand for a partial refund of her total rental payment (80%) she made for 2 years within 30 days or she will get a lawyer and sue me. #1 She mentioned that...
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Ok here is the situation. There is a house me and my wife are wanting to buy. The bid price at the auction which is on April 9th is at 113,000.00. It is a nice house and it could be well appraised for 550,000.00. But ...
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can you wholesale a short sale, property? The owner wants to quit claim it over to me. To make it easy does that help anything?
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Hello BPers, Hayall doin?
I am new to this site and already have learnt a lot - this is like mentoring on steroids..
I live in NJ and everything here and in NY is very overpriced so I thought of investing out of stat...