Alright BP Community, I need some advice here. I have to make a decision soon on a poorly cash-flowing house that was our first rental out of necessity because my wife bought it in 2006 with 0% down (ugh). My tenants ...
My current apartment offered me a new lease for 2,032 and I’m having trouble coming to terms with paying this amount for rent. My income after deductions is 70k and my wife’s annual income is a little over 50k. We bot...
I have newbee investors on TX who are considering a double closing. What are the risks and negatives with this type of closing?
Good morning! I currently own a rental property in Minneapolis. Single family, 3br 2 bth. Our current tenant is leaving at the end of the their lease. I am told by our current management company we could increase ren...
Hello everyone (particularly seasoned REIs), I came across a multi-fam. property listing in the Sun belt about a month ago. Owner is asking $650k. He's now open to seller/financing (wasn't originally). Owner will fina...
Hello community,I have a townhouse in Atlanta GA, bought for $100K and can probably sell for $150K. It used to be my primary residence but I moved to AK, and have been renting it for about 3 years now. My family lives...
I have the ability to buy a home from a friend for 720,000 in an upscale community in San Francisco Bay Area. There are two active listings exact same models at 789,000. So essentially home is 70,000 under market or m...
I've got a tenant who is claiming a health risk (due to mold/respiratory issues) to continue living in my rental, despite a mold test that came back negative/normal levels. I've told them they can leave whenever but ...
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Hi BiggerPockets Community,
I’m looking for advice on breaking even or generating positive cash flow with my studio condo in Prospect Heights, NYC. Here’s the situation:
Purchase Price: $540,000Down Payment: 20%Mort...