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I am evaluating an under market for a rent controlled unit currently occupied by a tenant in NYC. The property is a foreclosure so I can’t get any information from the previous owner. The rents collected are about hal...
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Good Morning,I have a deal that I am currently evaluating and I am looking for advice such as are they truly deals, what other things should I consider. Just so we can connect a little more I am a 22 year old investo...
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I'm looking at my first deal and my broker is telling me the deal makes sense , even though it's cash flow negative... he says (and I agree, with some reservations) it makes sense from an appreciation standpoint.
It...
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I'm 24, and just looking to get started in real estate investing. I've read some good books on Real Estate Investing and am thinking I should start with a college rental in the town I went to school just because I kno...
Hello everyone,I've been reading Bigger Pockets for some time now and just decided to create an account. I'm new to real estate and just stumbled through buying my first condo (to live in) that I'd like to rent out wh...
Hi, I had a tenant move in a month ago and already she wants to end her lease a year early, she signed a two year lease until june 2015.She claims she and her boyfriend want to buy a home and wants to end her lease in...
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October Newsletter!
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Hello fellow investors/entrepreneurs! I'm so glad you've taken the time to read my very first New...
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While I know the 50% rule isn't always a direct measurement of things, for this purpose I am going to assume it is. So, being a newbie, it is my understanding that 50% rule simply states that 50% goes to costs of prop...
Quick Summary: I bought my first condo to live in, and eventually rent. Read the R&R, everything looked fine. President of the HOA is making it sound like I need to get a permission slip for interior improvements,...
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I have a potential tenant who just sold his house and wanted to pay for a full year up front on one of rental properties.
My first instinct is that this sounds great.
What issues should I worry about, if any and wh...