A duplex that had their deal fall through three times. I did the calculation. For it to have a decent cash flow ($150/mo per unit), the offer price will have to be about $50k below the asking price. And yet, the selle...
Are there any areas in Florida that still have multi-family properties in the $100,000 range? I would like to invest in several multi family properties but am concerned about investing in other states for 2 reasons. ...
Ok.. I have a Primary residence that I'm turning into a rental in 2021. I have not paid my property taxes for 2 years and now 2021 are due. They are about $9,000 per year. I owe $27,000 total. I'm thinking I shoul...
Hello all - I am 24 and saving for my first real estate investment property in the LI area. Does anyone have any advice or experience investing in the LI area (E.g., Location, SFH v. MFH)? Any and all advice is apprec...
How can I get her to release me from the thinking to start investhing and not to act like we are not broke.
The Fed Funds Rate just bumped from 0.50% to 0.75%. Each market peak in history has been preceeded by a rapid upward trend in the Fed Funds Rate. How would you use this information to formulate your investment strat...
Hey BP, I’d like to pose a question that I’ve been asking myself for awhile now. My simple question is this. What 3 skills can I (or anyone) start to develop now that will be vital to real estate investing in the fut...
I understand that we can't always predict exactly when the market will rise or fall, but I would like to hear everyone's opinion on where we are right now, and also where we are headed in the near future. Thank you.
What is everyone’s experience with a property tax reassessment upon sale of a property? In Cook County, IL, my understanding is you may or may not trigger a property tax reassessment based on a sale and otherwise it’s...
I just bought a property a month ago. I bought for 17k With a hard money loan that doesn't use a balloon the interest rate is 15.9% (I need cheaper money). It will be paid for in 5 years. I had to buy a years worth ...