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I found an interesting property, which is a 4 unit multiplex. I contacted the agent and requested some information about the property. She mentioned that the place is currently fully rented out, which in my head, is a...
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Hi, I am on the verge of a new marketing plan that will cost about 25k for 6 months. It is primarily direct mail. My question would be how would you use the 25k in order to scale your wholesaling business quickly?
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Hi Bp Community,I raised some capital and purchased 3 townhomes together with some friends. you could read all the detail hereI ran into a problem: The rent of the middle house is only $550 per month. I want to raise ...
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What would you do to maximize the rents without 12 months of "loss to lease that amounts to $4-5k?Just bought a multi-family property and have a tenant group paying $300-400 below market with a dead-basic 1 page writt...
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Hello,
I will be purchasing my first multi family property sometime this year.
The one thing that has been holding me back is the liability associated with being a landlord. I plan to potentially hire a property ma...
I just bought my first rental house in the Bronx and am currently renovating it. Once the renovations are done, I would like to rent it out ASAP. I came across very useful articles on this site, include this one abo...
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In general, I have a rockstar mentor, team, and goals set in place. I would love to hear from experienced agents on how you got started, and what unique strategies got your business jump started. Open to hearing all s...
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Is there any merit to this? I find CoC return on real estate property is generally low already without leverage, not to mention with a leverage that will decrease the CoC return further. mayeb bank on appreciation?
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Good Afternoon, what should I do when an appraisal came in lower than what recent sales were 30-60 ago? I reviewed the appraisal and saw a couple discrepancies as well. I’m new to this and want to make sure I’m doing ...
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Hello BP,I am at a crossroads. I have considered the BRRR strategy and am weighing another option. I am thinking about selling a property that I own and buying 4 - 5 properties with 20-25% down. I have heard lots o...