How do you equate a potential renter with no fico with a low fico potential renter? For me anyone with a fico below 560 is probably a life long deadbeat, and anyone with no credit file, probably is also a dead beat, b...
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So. We have been hitting our heads against the oft ridiculousness of the New York market. Our target has been the Bronx, but cap rates here are rough. We wish to be true to our numbers, but they definitely don't li...
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How do you mitigate the conflict of interest between being an Investor AND a Broker?
On one hand you try and sell at market value, the other you're trying to buy from said person below market value. Where is the mora...
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Had dinner one night last week with another guy who has had rentals for about 15 years and naturally the topic turned to deadbeats and why it's not their fault that they don't have the rent. The following is a compila...
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Hello,
I had my home rented out for about a year and a half, the Tenant signed the lease agreement in may of 12, the lease reverts to month by month after 1 year is up.
Anyway, she did not give me prope...
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Good Afternoon everyone, My name is Nathan, I am looking to purchase a 2-4 family in Union City NJ. I'm looking to connect with other owners and investors in the area ass well as brokers and salespeople working in the...
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Hi,I am Jesse and I am brand new to investing in real estate. From all the info I have gathered thus far, it seems as though a multi-family property is the best seed for what I am looking to do. What I have found thou...
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I have a property in a tough area under contract, and my attorney has told me that occasionally liens on the property may not show up for 3-6 months after the close of the property, which would leave me (or my llc) re...
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I have a property in which the rent has always been current, but it is now two days late. The boyfriend was found guilty today of two felonies and is awaiting sentencing with no bail.Now his girlfriend and two-month-...
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Long story short I’m purchasing an 11 unit that currently are all month to month with no security deposits. The current landlord is giving me a great price (cash flows $1400 a month after all expenses, prop mgmt,and %...