I’m looking to buy a property in Brooklyn, NY. It’s a 4-family house ask for 1.7 million. Current monthly rent income around $7000. Property tax $12000, insurance &3500. 45% in Down payment , with mortgage payment...
BP Newbie here looking to get some help or direction on how to properly estimate out the average cost to build an 8 unit condo building in Brooklyn, NYC. I've been an investor and fix-and-flipper in NY for 4 years now...
Are there any New York investors in here? I RARELY FIND ANYONE within NYC itself, so it's more difficult to connect physically with people, but I would love to connect and add value to those who are on the same path ...
My banker asked me to put together a P&L in order to qualify for a HELOC I am applying for on 3 of my rental properties to fund a flip. I am curious if anybody has prepared one of these and has a template to go of...
Walking home from work today from the train station listening to a BP Podcast. I see a guy putting up for rent signs on an apartment. I walk past initially but turn around and introduce myself. Long story short, he is...
Just curious, can a contract for deed be recorded as public record? Will it show up in a title search?
Hi Pro Forum!I'm a rookie investor from NYC who just signed up for Pro membership.I'm looking for someone who can be a study buddy and meet-up info in NYC.A little bit about me:- CPA (not specialized in tax ;p), no pr...
Hi BP buddies,I am a new investor based in Manhattan. planning to purchase 1 or 2 studios to sublet.1) shall I register a LLC or purchase under my name ?2) West Village or Upper East has more potential to grow if I wi...
Hi All,My name is Tae and I am a new investor getting started based out of Brooklyn, New York City. I am 23 years old and stumbled across the BiggerPockets community not too long ago, but have been amazed by the wealt...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $135,000
Cash invested: $50,000
Sale price: $245,000
Baltimore flip in Brooklyn Park (anne arundel county)
...