Mary Jay
Rich don't sell, they leverage
Ive heard many times: "Rich dont sell, they leverage". Than a lot of other people do "Buy low, sell high" sort of thing...What is the benefit of never selling? Lets say you have a 100 year old house that is not in a s...
Venky B.
Dangers of buying homes built in 1900
I am looking at a home built in 1900 for buy and hold. I would like to know, what are the dangers of buying a home that was built that old. The home looks in good condition. One thing I observed is that the steps of t...
David K.
Turn Key out of state - what is your strategy
Hello BP,so I have acquired 3 turn-key properties since when I started in Summer and in process of closing on 2 more.Out of total 5, 2 are relatively close by (PA and NJ) and I have seen them and believe those are gr...
Corey Pascuzzi
Clogged drain from hair, tenant's responsibility right?
Sanity check here, I am not responsibly for a clogged drain due to hair from the tenants, right? Tenant just told me that the drain is clogged from hair and wants me to come fix it. Should I hire someone to fix and b...
Account Closed
Do nicer finishes decrease turn over rate?
Hi Everyone. I wanted to see what your experience has been with spending a little more on rehab and has that helped to reduce your tenant turnover? Maybe improving kitchen cabinets, countertops and replacing vanities....
Matthew Drouin
Using your self directed IRA to buy real estate is stupid!
*** Disclaimer: I am not an accountant, lawyer, or financial advisor! You should consult with a qualified professional before acting on any of the opinions shared in this post!!! ***Self directed IRAs have become ver...
Rita Koroll
Where to begin? Is being a landlord as bad as some say it is?
I have decided as an RN for 30 years and tired of punching a clock, to invest in real estate. I bought a brand new town home a year ago, but tired of big payments. Now decided to sell, and get serious into real estate...
Mayer M.
STR - Ventnor, NJ, Poconos, PA or South Florida?
Hey all,So I’m tossing around the idea of buying a STR with the intention of my family getting use out of it.Currently I live in South Jersey and my family travels to Florida a few times a year, In the summer we spend...
Vincent Crane
Texas - No income tax, but higher property tax. Worth it?
Most states have a 6% income tax, so if someone is earning $100,000 per year, that's $500 per month. If you're a real estate investor in Texas with multiple properties, there is a higher property tax. Is it worth it? ...
Charles Barr
Buying a small hotel/motel in South Florida as 1st property
Background
I'm a new real estate investor in Miami Beach trying to buy my first property, preferably locally*. I could spend at least $500,000 in cash on a property myself, $1-20 million if I go into it with a family...