I just finished cleaning out a property that was damaged because of pets. Now I put a stiff penalty in the lease for bringing unauthorized animals on or into the property. Tenants signed lease Feb 1st. Now, 6 weeks...
I've decided to take the plunge into real estate investing. I'm reading all these great articles on BP (thank you for providing this amazing and extremely useful resource!!) and also have a stack of books on house fli...
Hi all, as I've been getting more into real estate investing, it's become quite clear that the US tax code favors business owners and real estate investors rather than W2 employees or self-employed business owners. On...
Hey BP I wanted to get some opinions on the dangers of over leveraging a property. I am formulating a strategy to acquire a number of properties in the near future using 1 or 2 REPUTABLE turnkey companies(please hold ...
The neighbor who lives next to my rental home has threatened to sue me because he alleges my tenant has not responded adequately to his requests that she quiet or remove her barking dog. He also complains that she hol...
It is confirmed Amazon chose Long Island City and Crystal City as number one and two for new headquarters. Let's track prices in those markets to see what happens.
Hello everyone,
I've heard that some people will tell their tenants they are the property manager so that when a dispute comes up they can say the "owner" is the "bad guy" and not them. On the other side of the coin,...
I'll start off saying I know I made a lot of mistakes with this renter/ roommate. I'm a little shy so my spouse does most of the talking and screening. Big mistake this time around. The room they are renting is my gar...
Hello,So I signed up for Pro yesterday and out of excitement I ran the calculator on about 50 multifamily homes to see if any would cash flow. It seems none of them would cash flow at the current price point because o...
I'll try to make this short, I'm about to venture into my first flip, property is $58000, rehab costs $50,000, arv $180,000. My liquid funds are extremely limited so finally I found a hard money lender that will fund ...