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Hi Everyone,In a lot of the books I am reading, as well as some of the podcasts I have listened to, many landlords have talked about adding a clause to their leases to give anywhere from $25 to $100 a month back to th...
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Hi all,I came across an interesting line in David Greene's "Long-Distance Real Estate Investing" book. In it, he says that "Investors have leverage to negotiate better prices and services based on the size of their po...
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Hello BP members:On one of my multi-unit properties I have allowed the tenants to have pets and I have been having lot of issues. Issue 1 - The tenant that lives below them has been continuously sending me emails abou...
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Maybe this a dumb question but I been surfing sites like foreclosure.com and xome.com and it seems like the last 15 comps I did the sites are asking top dollar for these homes.
What is the lure of buying a foreclosu...
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Hello BP,I am considering selling my NYC condo where I have about 180k in equity if I pay off the mortgage. I was going to take a 50k HELOC to renovate the apartment before I put it on the market to get top dollar for...
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In today's New York Times: Remote Appraisals of Homes Could Reduce Racial Bias - The New York Times (nytimes.com)My initial take is that this is a sound move by Fannie and Freddie to address a real issue. If it helps...
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I am looking to sell a small commercial office condo unit (1728sf) in California. I received two offers one all cash for $609k and the other $625K with $315k down payment and then 5% owner financed over 5 years. I wa...
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If you have a rental loss for a property lets say in California but live in New York but have no other income in California, could the loss reduce NY income or it stays with the state where the property is located?
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Hey everyone!I just purchased my 3rd single family rental property in Alabama (Out of State!) and the first 2 rentals are going great and the property manager is doing a great job, including fixing a few things for me...
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I took 25% amount of purchase price from credit cards and paid remaining 75% from hard money lender. credit cards interest rate increased to 20% from 0% APR 1 year promotion and slapping me finance charges and service...