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Looking to get going on some real estate so I can replace my wife's income and she can quit her job. Please poke holes in this strategy. We currently live in a 1000 sqft single family home that we pay a mortgage on. M...
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I'm a newbie investor, with one SFH that I'm currently in the process of renting out. I've seen on BP and in a couple of books that some experts present themselves to tenants as the property manager, not the landlord....
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Hi,I am a newbie to REI. I am interested in Non Performing Notes (NPN). I have looked at FCI, Watermark, Granite and PPR. Nothing impressive to buy at the moment.I am aware that NPN are mostly traded in bulk tapes bet...
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Hi there, I am new to this forum and was highly recommended by real estate friends to ask questions on this website.
My husband and I are strongly considering trying to sell our home and buy a new one without...
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Hello BP, My name is Julian Le. I am a 23 year old engineer with a degree in Manufacturing Engineering Technology. I currently work at an engineering consulting firm. Starting out I am making around 52K. I’ve done rel...
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Economic Update
(Yom Kippur Edition)
The second quarter of 2020 (April, May & June) was the mother of all economic contractions. Real GDP shrank at a 31.7% annual rate, the largest drop for any quarter since ...
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What are the topics that come up on BP way too much?
LLC or not?/ transfer to LLC
Guru stole my money guru is a scam
Best flooring for my rental
Any others?
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I live in Long Island, NY. This is an expensive area to get started up as a first time Real estate investor as most 2 families and up are in the $400k and up range. My other option is owning a property out of state...
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So I am trying to help out a single mom not to lose her section 8 but at the same time, I dont want to lose money.She makes only $13,824 A YEAR [or at least thats what she reported on smartmove.com] The rent is $1750...
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I'm currently analyzing the two 4-plexes below. Even if they both check out, I will buy one or the other, not both.
FOUR-PLEX #1 - $125,000
All heating units less than 7 yrs old. Roof replaced 5 yrs ago.
...