![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/176931/small_1621422078-avatar-amymeza.jpg?twic=v1/output=image&v=2)
Hi! I'm completely new when it comes to real estate investing. My goal is to build wealth and generate income through buy and hold rental properties. I live in NYC, so cash-flowing deals aren't in my local area, an...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/179375/small_1695088107-avatar-augustrose.jpg?twic=v1/output=image&v=2)
I’ve seen many posts here on BP that mention training your tenants. Although I seen tips here and there, I haven’t seen any training doc or lists. Since I just closed on my first unit (yay!), with inherited tenants...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/107678/small_1621417370-avatar-mcv1986.jpg?twic=v1/output=image&v=2)
I am preparing to do my first absentee owner direct mail campaign and this is the letter i have come up with.
(Subject’s name)
Street
City, state zip
Dear (subject),
I am writing you, because I am interested in pur...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3167870/small_1736552179-avatar-kileyc5.jpg?twic=v1/output=image&v=2)
My husband and I are trying to decide whether or not to pay off our first (and only) STR in Palm Desert. We bought a 1 bedroom condo in July 2024. November has been our only cash flowing month (barely), but we anticpa...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/467731/small_1621477983-avatar-bradp16.jpg?twic=v1/output=image&v=2)
This month I closed a subject to deal. I know that a lot of people are hesitant to take over existing loans so I wanted to share this success story. I will keep it short. I purchased the home subject to for 0 money...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/614321/small_1621493835-avatar-oregonman85.jpg?twic=v1/output=image&v=2)
Hey guys, so we have a closing scheduled for this coming Monday, and I need to wire $24,000 to the closing company for this house today (Friday) to have the funds reach on time for the closing. This will be my first h...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/94860/small_1621416764-avatar-dotsonpa.jpg?twic=v1/output=image&v=2)
Hello all,
I'm curious to know some of the pros and cons of investing in a condo. I dont have a strong understanding on "delinquent condo fees" and how that plays a factor in investing in a condo. I understand that ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/812902/small_1621498343-avatar-chrisr236.jpg?twic=v1/output=image&v=2)
Hello BiggerPockets family!I just officially finished my first year as a real estate investor and I wanted to share a summary of what I did, what I experienced, and the lessons I learned. I hope this will be helpful f...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/189918/small_1695619067-avatar-enyin.jpg?twic=v1/output=image&v=2)
Have a tenant in NJ who is being evicted, he didnt show up in court so it was a default judgement and he is about to get served the notice prior to lockout...prob early this week with lockout 3+ days later.He tried to...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/314362/small_1621443605-avatar-sy44.jpg?twic=v1/output=image&v=2)
@Mike D'ArrigoI'm an out of state investor in Colorado with a duplex in Indy. (both sides Section 8) I see IHA was hacked (ransomeware) and has been down since at least 10/3. Any news from someone local like yourself ...