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Hello Everyone! I am was born and raised in central New Jersey and made the move to the Myrtle Beach, South Carolina area in 2004. For the past 4 years I have been managing long term rental properties in this area a...
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I recently looked at condos in NYC and the vast majority had carrying costs of almost twice the rental rates. Also, a number that actually sold had renters that were paying $1K a month less than the carrying cost. St...
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What would you do?6 bldgs19 units1st bldg ------ 8 2br units 2nd bldg ------- 4 2br units 3,4,5 bldg ------- duplexes 2br/2ba6 bldg ------- SFH 3br/1ba Fully occupied $8,600 monthly rent average.In the neighborh...
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Hello, thanks in advance for any input or advice. I am new to syndication and am looking at joining a GP team as an underwriter. I am wondering what things I should do or ask before joining? They have given me a bit o...
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Greetings BPI'm new to real estate investing but have been in the mortgage industry for over 6 years from sales to underwriting. I'm starting with wholesaling and maybe some house hacking on a duplex as i move up to w...
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Hey everyone, I am a new BP member with really no REI experience, but currently engulfed with all the podcasts, forums and reading as many books as possible.So my question is, how do you decided whether you're going t...
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Hey everyone! I am amidst a flip in South Central LA where the average days on the market are in the 60's. Obviously selling the home *for sale by owner, saves me the commission and gives me more profit. Does anyone h...
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Or do my renters need to stop being idiots?I'm on water heater #2 and I swore that if anything else went wrong I was going to replace the gas water heater with an electric water heater.Well I have just been informed t...
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I have a neighbor that moved to Florida 9 years ago because he is in the military. He owns the house next to me in Baltimore County Md. He has been renting it out for about 9 years but recently decided to let it go to...
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Hello, I currently own a single family house with an ADU, and a duplex. I have house hacked both properties while updating them. I’ve done my research with (reading books, podcasts, etc) but still feel like I’m not do...