Benjamin Aaker
What to do about multifamily vacancy rate increasing
The multifamily vacancy rate is up to 6.3% nationally. This is still low but the increase worries me. I'd like to hear from the experts on this forum about why they think that the rate is going up and what it's affect...
Rick Hernandez
Four Plex- I want to pull the trigger on this one but should I?
Good morning,Here is my background. I am a newbie investor who purchase first home about 5 years ago. Since that time I have acquired a total of 8 SFH in my area. All of the homes cashflow well, are located in good...
Raj Kissoon
Need Financing Advice - First Timer
Hi Everyone,I am new to the game, but have been studying up on everything real estate for a few months now. I need advice on how to fund my first project. Here's the situation, there is a multifamily on the market f...
Thomas Blees
Subsequent (junior) Tax Liens
Hi,I am new to Tax Lien (TL) Investing and have a question:What exactly is my risk when buying a "subsequent/junior" TL (e.g. a TL from 2014, when there are still TLs from 2012, 2013 which haven't been redeemed yet)?A...
Aaron C.
Smartest way to buy a multi with FHA?
Due the quality of home FHA allows most available 2-4 multi in that range are renovated, listening to Brandon Turner he always says to “buy smart.” How can I make a deal out of a property where it would be challenging...
Kaiya H.
NJ Tax Liens -- What's the law say?
Hey All! I am interested in investing in tax liens. Several years ago I read Michael Pellegrino's book on Tax Liens but unfortunately I cannot find it anywhere in my home! I *think* I remember that in the book, he ...
Gillian C.
Chicago: Rules on tenants who are MTM after expired lease
Hi Chicago folks. Could you shed light on the following scenario:
- Tenant on a year-long lease that ended August.
- Tenant continued to pay rent September and November.
- No new lease was signed.Two questions (on...
Steve Velez
Rental Increase Advice (NYC)
Hey BP, I'm looking for guidance/advice on how to raise the rent on an existing tenant. Some history... I have a long time tenant renting for almost 10 years for my coop rental property (first rental) in the Bronx. ...
Sebastian Sovero
Non-Disclosure by Seller and by HOA during Escrow. Is my deposit at risk?
Hi, I'm in the process of purchasing a condo. My escrow and inspection period are over, closing in two weeks. Deal: Purchasing property for full asking, and also agreed to pay $13.5K due to association for concrete re...
Tom Server
Sec 8 increase to fmr wants to see rent roll
I have a triplex with one Section 8 tenant. Pays $950
Since I inherited the tenant, and the prior owner never raised the rent of section 8.
When I emailed DCA agent with the increase, I told her i wanted to raise it...