Vincent Ngo
Acquiring a Buy and Hold
Hey BP community. I am trying to obtain a buy and hold multi-family unit in Philadelphia. This is my plan; I plan to receive a gift from my parent which I hope to use as a down payment for the property. Assuming all r...
Brett Wagner
Help on acquiring first deal
Hi all. I would like some help on what you would do if you were in my situation. So here goes:looking to find first SF or MF deal.primary home has a 2.65% rate and approximately 7-8 years left to pay on it. Worth a...
Josh Bast
Acquire more or aggressive payoff?
What's up BP!I have submitted my first offer on a SFH that I intend to rent out. The purchase price of the property, and what I intend to be a similar price of properties I expect to purchase in the future, is around ...
Mike Cartmell
Acquiring Junior Lien and Foreclosing
I have the opportunity to acquire a 2nd note which is non performing with the intent of foreclosing and hopefully acquiring the first mortgage to do so. I am very green when it comes to note investing and am wonderin...
James Edwards
Rent Increase Newly Acquired Tenants
How does everyone handle rent increases with new home purchase, with existing tenants? Been there a lot of years and high points from previous owner. If they move house will need probably $1,500 in general cleanup/reh...
Lavaud Charlemagne
Help in acquiring first rental.
I have the funds to purchase my first apartment rental (preferably a 4 units close to West Orange, NJ). But the problem is I don’t know how to analyze a deal. Any suggestions on how to master this skill will be highly...
Alyssa Paros
Increasing Rent for Acquired Tenants
We’re seriously looking into our first rental property (hoping to put in an offer next week once we have financing together). It’s a duplex with rents under market value.
How do we go about raising rents to market? Do...
Luis Marcelino
Acquiring My First Rental Property!!
Hellow Everyone!I recently partnered with my father and formed an LLC to keep things straight from a Legal standpoint. I have been in contact with a Real Estate Agent in the city of Philadelphia about what I am trying...
Sant S.
First Multi-Family Property Acquired
Hello all,
Just over one month ago I finally closed on my first multi-family property. It is a 6 unit property in Jersey City. Below are the income / expense numbers & acquisition costs...
Eric H.
Acquiring a property with tenants
Greetings BP Fam,I am currently in negotiations with a seller regarding a rental property. I do not wish to keep the tenants in place because I have already learned from the seller that they don't pay on time and when...