For those of you who actively choose to invest in high crime areas, what do you make sure to factor into your numbers? -higher vacancy-higher possibility of turnover -hiring a property management company with skill an...
I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...
In talking to people and reading various posts online, I see a lot of confusion and varying opinions on ROI vs. ROE vs. IRR vs. Cash on Cash. For example, some people think that in the first year when you purchase t...
Hey everyone, I recently listened to Podcast 169 with @David Greene ( like 4 times) and now I am completely fascinated with the idea of Note investing and how you can use it to pay down your rental properties. He pret...
Is anyone on BP involved with buy and hold in the NYC area ? I have a few questions
I just listed an apartment on Friday. It's in a "D" neighborhood. It's my first turnover in over 3 years (39 months) in these buildings (2 side-by-side quads). I had **13** solid, completed applications (not just vag...
In the thread about the TV show Property Wars, it was brought up about things found in and on foreclosed property.
1. In a recent one there was the last occupant's ashes. I called the relative to come get the ashes...
Hello everyone!I am a new real estate investor starting out in wholesale. I have been trying to learn more about wholesale and have found out that there are two camps pertaining to this subject.There are people who be...
At the beginning of each year I take the time to research and reflect on various markets throughout the country so as to provide a road map to my acquisition search for the year. As an active buyer of apartment compl...
Hi Everyone! I have a rental property with the following details:210k loan balance $2500/month rent$6000/yr in income after PITI and costs todayIf I pay off the remaining balance on the loan, I will have over 10% cash...