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Hi everyone, As I understand, every time that I purchase a rental property, after it rented, and I want to purchase the next property. The bank can take 75% from the income of the first property and if it covers the (...
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Have a question and hopefully I can get some some ideas. I have a property that i am listing for sale next week, Bought it as a REO did some repairs and i am figuring I may make 60-70 after ALL expenses, including clo...
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Which city is better for long term investment? Dallas or Houston ? What are pros and Cons...?I listed few here, please share your opinion?DallasPros: Diversified economyCons: More natural disaster - TornadosHoustonPro...
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Thank you all for having me! I'm super excited to finally make my first post here on BP!My current day job is managing my fathers car dealership about an hour outside of Philadelphia. I also live in the area and am ...
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I understand that using a Land Contract in Kentucky (a judicial foreclosure state) is not advantageous at all for the seller due to a legal determination from the late '70's...apparently: a Land Contract is essential...
so... 2 properties come up (in the path of progress) with the following history: would any investor ever consider getting involved?
From NYS Supreme Court
In February 2010, applications were filed wit...
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Making sense of make believe markets.
In a recent NYT article, writer Melissa Kirsch made the assertion that part of what makes us adults is reconciling the contradictions of our identity. As a new investor searching...
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Hello BP.For those landlords who have AC units in their rental properties, do you cover any cleaning/servicing expenses or hold the tenant responsible? If the latter, how do you approach it - included in lease, separ...
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Hi All, I am a newbie in BP forum. I have been listening BP podcast for over one month and it has been a great learning experience. I hope to learn more RE investing from everyone here. I have a question. Does anyon...
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I've moved my business model to a scaled business only buying low-end 100K and under properties. We're on track for 150 or so this year and wholesaling anything above that price point. I'm curious to hear from other...