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I am thinking about buying a 3 Unit MF house within 1 hour of train/bus commute to NYC for about 300-400k. The issue is, this is in the hood. I plan on being in and out within 2 years of renovation and renting out eve...
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Hello everyone,I've been looking into turnkeys recently, and at first they seemed perfect for a long distance newbie like me. I tried running the numbers though, using a few basic rules of thumb, and they don't seem t...
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How are tenant property improvements handled???
Example.
Tenant installed laminate flooring.
Tenant installed new exterior door.
Tenant installed fence on the property.
Floor to ceiling mirrors glued to drywall...
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What's the latest analysis with regard to Dodd-Frank 2014 which comes into effect January 10th as far as how it relates to real estate investors doing options, lease purchases, seller financing, etc.?
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Hello BP community members,
I'm a long-time BP lurker having browsed the discussion forums numerous times in the past but finally decided to sign up and join the community as a small step towards RE investment action...
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Hi, I am the first time landlord and this is my very first property for LTR. I just listed a new construction single family home for rent, and I signed the lease with one of the application and lease starts from end o...
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What has been the hardest part of flipping for you? Was the hardest part different when you first started vs now that you have a lot of experience under your belt?
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A guy called me yesterday and asked about an apartment we have for rent. I gave him the info then he asked, "Do you rent to felons?"
I was a little surprised and responded, "What do you mean?"
He expla...
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Attention Bigger Pockets Landlord Community,I have a tenant in Baton Rouge, LA in a low income subdivision whose daughter (living with her) has been dealing with cancer and was given up on by the medical community and...
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BP,
So, I'm trying to get a deal off the MLS and this agent, after telling me that her client is motivated, tells me she needs a "proof of funds" in order to entertain any offer. The problem is, as you probably guess...