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Hello everyone, I've been looking into home equity loans, Heloc and cash out refinance as a way to finance next deals. Considering interest rates are high at the moment, how do you guys make sense of using the above m...
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As an aspiring real estate investor, avoiding common mistakes is key to your success. I’ve been there, and I want to share insights that can save you from costly errors.
During property tours, ask smart and relevant ...
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This may not be NYS specific, but I'm looking to invest here so I've been going to the auctions at the Brooklyn courthouse.My question is: When you buy a property at the courthouse auction, the paperwork talks about a...
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My goal is to produce $3k/month profit from rental properties while spending less than 1hr/week on management (e.g. engage a property manager).
I could buy a couple properties in cash, or buy several properties with ...
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Hello everyone. I only have a few rental units. The first one is a 3-plex (building with only 3 apts), and the other is house (not split up into units or anything, just a single unit property). Currently I first start...
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Hello,I am newer to real estate investing and would like some feedback on a current situation I am stuck in. I am really getting close to purchasing a home in the next 7-9 months, but do not know the best way to appr...
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I've been reading BP for a couple of months now and figured it was time to have the typical introduction post. I'm a 26yo mechanical engineer working in NYC and living on Long Island. I'm getting married in August and...
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Hello BP community! I have a flip going and am wondering what everyone's thoughts are for continuing work at it. We have been put on a "Stay at home" order here in Minnesota from our governor. We are 3 weeks in, the p...
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Hello! I am hoping to get some insight on minimum stays for STR. I have been 2 night min, but I have heard that you may get a better quality guest with 3 night minimum. Any ideas?
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Hey guys,
I have a quick question for my fellow BP members. I net around 2200 a month from my job and i have about $7,500 worth of debt.
How do i go about saving money every month versus paying off debt
Help pleas...