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Hello BP fam! So I am in New York City, and I desperately want to buy my first rental property. I am 21 and my goal is to eventually acquire 1,000+ units. As everyone knows, New York is extremely expensive so I was wo...
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signed contract for 125k 30days for closing ..... Day of closing! , seller's agent notifies that the seller has a 31k lien on his persons for refinancing his student loans (title company found this on the last title s...
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All over the financial news I read talk about the upcoming financial recession. Some people think it is "just around the corner", some think it will be in early 2020, and others thing its a long way off. All of them...
ATLANTA experts please chime in on this.
Bank initially approved my offer to buy a 6yo, modern, nice, heavy traffic, 8000sf foreclosed strip mall in Clayton County, GA for $475K cash. Rent roll show NNN l...
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Hey bp. I have a question that I am unsure about. Can a homeowner get money out of a short sale? I have heard different things and am confused. A short sale I am dealing with the bank told my seller that any money the...
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Hello BiggerPockets, This is essentially my introduction. I am brand new to this and I am trying to learn as much as I can before I get started. A little bit about myself, I am 23 years old, active duty in the militar...
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In doing due dil on a newly released tape of junior liens, I see several properties on this that are listed by Zillow as being already sold. I have several questions related to this circumstance.1) Why are these ta...
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Hello everyone, I'm brand new here. I currently live in Manhattan, travel between NY and eastern PA weekly to see family, and am looking to buy my first multifamily property. If I had to choose, I'm more interested in...
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Preface: I'm aware that I'm also fighting the emotional bias of this being my first home with my wife so my brain is making some justifications to keep it.Back in 2006, long before I was smart about buying rental prop...
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Some people have been sharing news articles on the forums and I came across one today that I thought I'd share. Basically, the author is stating that landlords are using late fees and evictions as a source of income ...