Thanks in advance for taking the time to look at my question!Last year a partner an I bought a 4 unit property in MN. We got a local bank to finance it with 30% down and a 20-year note. My partner is the "money guy" a...
There is an entire article on CNN.com about this, but I have to be honest I didn't read it. I just saw the chart.
MCCAIN OBAMA
Income Avg. tax bill Avg. tax bill
Over $2.9M -$577,148 +$699,872
$603K and up -$109,...
Apparently New York Governer Cuomo added a new law that adds lawful income as a protected class. What does this mean for New York? In New York it seems that anyone can just apply and you have to accept them. Is REI...
There are two sets of data that I cover to compile my information. 1) The Warren Group, reports ALL transactions recorded by the Registry. This encompasses not only the 3 MLS services but also the intra-family trans...
Hello Biggerpockets,
I recently came across a property that has tenants who pay below market rent due to the fact that the owner has some kind of relationship with them.
What would be my best bet to buy the plac...
Hello BP! While there may not be a housing 'crash' in the future, there will be some form of a correction with housing prices. When that happens, what niches of real estate do you believe will offer good returns for i...
I recently purchased a commmerical building about 9 month ago. One of the tenant lease is about to end soon next 60 days. As landlord, I like to increase NNN by 3% per year (since the tenats NNN has stayed same las...
Philadelphia has seen an insane amount of development and growth. Young professionals are migrating from NYC down south to the city of brotherly love, and as a result has seen population density increase drastically p...
Hello Everyone I would like to get your opinion on how to best handle an investment.I am purchasing a Condo as an investment but there is an existing tenant who has been living in the condo for 5 years on a month to m...
I have an opportunity to purchase a 5 unit property (2 SFH's and a triplex). All of the units are currently rented out and it's right next to a small university. The area is growing, but these specific units are pre...