I live in a HCOL area, NYC metro area, currently in grad school paying $800/mo rent all included, $30/mo cellphone, $70/mo clunker car insurance. No credit card debt at all. Student loans in deferment ($13k and going ...

Greetings everyone!

I have flipped 5 properties this year and through my marketing efforts have come across some off market deals that I would like to start building my rental portfolio with. I personally dont have the credit score or do...

Hello BP. I have neighbors telling me that there has been some drug activity with some of my tenants that live upstairs. I'm here in Massachusetts and I've heard rumors that evictions are on hold is this true? I need ...

Hi Everyone,
Need your help, I was thinking of doing a long distance investing but don't have a any experience doing any real estate investing but read books about real estate and now exited because of Sir. David Gre...

Hello,My wife and I closed on a 3 flat in March that we are house hacking.  We're continuing to save money and are going to look into conventional mortgage options again in the fall.If we are planning to buy another p...

Can somebody clarify the tax implications or advantages of converting a primary residence to a rental and what should be paid attention to early on so as not to pay too much in taxes at a later sale?Specifically if I ...

I didn't think I'd be in the real estate business but it just sort of happened this way. I spent the last 2 months picking out a property I was comfortable with, organizing the FHA financing and 203k repair loan and h...

What would it take to transfer ownership from myself to an LLC?  Here is my current situation.  On our first few investments we purchased a few properties that should have been purchased as an LLC or S Corp.  At the t...

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Worcester.

Purchase price: $216,000

Cash invested: $28,000

I purchased a distressed 3 unit and renovated the second and th...