To set the stage, my business partner and I sinvested 50/50 on 3 single family homes in Colorado Springs this year at the age of 25 (average purchase price of 230k-240k). He has recently purchased 2 more homes on his ...
Hello everyone!I'm looking at properties in the Union City area, including Jersey City Heights, West New York, and North Bergen, but focused on Union City mainly for the short commute to the city. I live in NYC and gr...
I have a very nice couple with three well behaved kids that wants to rent one of my homes. The problem for me is trying to verify if they are good tenants or not. I asked for the standard copies of each of the couples...
Recently since listening to an older biggerpockets podcast on a member who would syndicate large apartment buildings and any other deals they wanted to purchase I was really intrigued by the idea. A large reason becau...
As I read posts, comments, reviews, etc about crowdfunding, I am increasingly coming to a swift realization. And it is that most people have hijacked the term "crowdfunding" and use it almost synonymously to mean "inv...
Hello, I am currently working things out with my friend/roomate/landlord to settle and pay rent. So, the crazy thing is that both he and I got lazy and fell far behind on rental payments so I haven't paid anything in ...
Understanding a Mortgage Appraisal - Part 1
The first thing to understand is appraisals are not all the same or equal. In fact, each appraisal is unique to the needs of the specific client.
Mortgage Appraisals are...
Here's the full story (skip to bottom for TLDR):I do not have an attorney for this case. If you know of one that won't break the bank and can be ready by December 2, please let me know below, I know it's last minute. ...
Hello Fellow BP'ers!So, I've been renting to the same tenants going on 3 years! Exciting, yes. Everything has been fairly uneventful with them - except for having to replace the whole HVAC system the first summer they...
I just listened to a TED talk that outlined the inevitability of artificial intelligence taking over the world. 80% of current jobs are service-based, and robots will very soon be able to replace all of them. We can't...