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Current Situation:1. Bought a 2bed / 2bath condo in NYC for $800k in 2011, with $500k down $300k mortgage.2. Condo is netting approximately $2k a month. It has a 15 year tax abatement that will start escalating in a y...
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Hi BP Family,I have this situation and I wanted to know your thoughts... In November, my tenant sent me an e-mail saying that they were moving out on Dec 2, 2018 because they are buying a house. They said they were pl...
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So I will begin by saying I have already spoke with my CPA regarding this. I am here for second opinions from other wise investors and CPAs. I purchased a home 9 months ago to live in with my wife. Shortly after I bou...
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I have 6 SFH which are all rentals in Florida. I am moving to Texas in two years and would like to purchase a small apartment building 20-30 Units. What is the best way to sell all properties and pay the least amount ...
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I've had two recent issues with break-ins and attempted break-ins within the last month at my triplex. My initial setup was a deadbolt and handle setup. In the break-in, the deadbolt was left unlocked and a student-te...
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Hello everyone,I have about $200K that I can invest. Looking in and around the Naples area. The goal is to rent out the place and also be able to use it for myself and my family maybe 5-6 times per year. And, if I ...
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Hello all, Ive recently purchased my first rental property ( a triplex) and have discovered uneven subfloors. The house is 100 years old and i do not suspect foundation issues.. The floors in two rooms had a wavy look...
Hello,I would like to know what are the disadvantages of renting to someone having pets.My family loves pets but we don't have any pets.I found a prospective tenant who has a dog,What are some major disadvantages of h...
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I am brand new to investing and my passion is in hospitality so I am looking to start with a STR. I know there is a tool here to determine if a long term rental is a "deal" but I want to know where to begin in findin...