Greetings all and Happiest New Year!In 2022, I pulled out a $95k HELOC (Adjustable Rate) as Down-payment to buy a duplex for rental income. However, since the fed keeps raising rates, the payment has gone from $325 to...

I get about 8 to 10 cards every week, asking to buy my house.  I notice that they ALL have the same message.  1. will buy it in any condition, no need to make repairs.2. can close in 2 weeks3. cash offer!This could ge...

Oh why do those words strike the fear of god into me??? LOL..Banks...I hate em with a passion. But with so many reo's you gotta put the offers in and play their game, right?. But man, the way they do business. So inve...

I may be tackling a smaller multifamily project in the Bronx soon. The property has cooking gas but its heat is from oil. Since it is always better to offset the cost of utilities to the tenants, and because the oil t...

I landed my first couple of deals from skip tracing the returned letters from my mail campaigns. I used first class postage and received a good bit back, so my inner marketer spoke to me and said "track down these own...

Hi everyone, I currently have a side lawn and back yard. I want to convert the side lawn into a driveway and add 6 parking spots in the back yard. In total, it looks like I need around 1700 square feet of what's curre...

Would love to hear the thoughts and advise of others about renting to tenants that will be roommates. My first SFR I am turning into a rental is up for rent. I have a nice single lady with a 4 year old and her  female...

We recently bought a 8-plex and the transfer was a mess. This was partially due to our inexperience and a landlord that was way too loose in my opinion.Before I explain here's my question:Should I contact the previous...

Hi, we won a lawsuit against our dubious landlord in SF (I'm a landlord too) as the house was well below habitable standards in many ways and resulted in personal injury and property damage.  Out attorney said that hi...

I'm trying to decide about accepting a $20,000 disaster loan from the SBA.  But it is making the hair on the back of my neck stand up.The loan payment is really soft at 3.75% over 30 years, but it has a lot of provisi...