Where should a Newbie from NYC start investing in rental properties? New Jersey? PA? Connecticut? Upstate NY? Which place is landlord friendly? I'm looking to start in SFH or hopefully a multifamily. Thanks in advance!
Hello & thank you to all who contribute to this post. I am currently living in a detached single-family home in Niagara Falls, Ontario (some details below) and am debating keeping the house I purchased to renovate...
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I am recently married and we plan to sell my wife's home. The equity would be enough to either pay cash for a rental property or pay off the mortgage on our primary residence. Not sure which is the smartest move. What...
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I’m looking to structure my first multi family deal (only 4-6 units) and fill in the gaps where I come up short. If anyone has any advice that would be great.Scenario: most of the lenders I’m speaking with require any...
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Does anyone have experience exchanging their small multi family property into a single family home, use it as an investment property then move into it as a primary residence after meeting the requirements? I'm looking...
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Hello everyone,We just had a fire in our fourplex. Only one unit was damaged and the tenant agreed to pay for all repairs. I don't think she can afford to pay for the damages, therefore, we are preparing for small cla...
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I posted about buying in another market a while back, well I am continuing on that path and have one of my rentals in Greeley under contract to sell. My plan is to sell three of my rentals here and refinance 7 others ...
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Would anyone be able to help on what my options are if a tenant breaks a lease. I have 3 people on the lease and one of them just walked out (daughter's boyfriend) and now the Mom and the daughter's salaries does not...
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When you cash out refinance a BRRRR that has increased in value, how do you go about paying that back and keep pace to cash out and keep BRRRR-ing on to the next?
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The idea of BRRR appeals to me strongly. I have skills in the accounting side of things, and skills for performing much of the remodeling work.As I see it, the one biggest skill gap I'm missing now is the ability to ...