Eric Don
Deal 1: Self Storage Facility - Learn with me & offer support
First thing's first, I was laid off from my job and thinking of creative ways to support myself and escape the matrix. I have $400k in accessible cash looking to deploy towards real estate. I made another post and con...
Nathan Gesner
What's going to happen to NY City?
There aren't enough renters to build demand so prices are dropping. They're dropping so low that Landlords are choosing to keep the units vacant rather than fill them at reduced prices. In August, they warehoused over...
Alison Buckley
To 'hood or not to 'hood
Hi Everyone--
I am looking for some insight about investing in the hood aka rougher part of town, where properties are much less inexpensive - it would be nice to help contribute to these rough areas by making them l...
Anja Wright
NY Holdover Tenants Won't leave. I'm an owner occupying landlord.
Bought my house in upstate New York this year. The tenants in the other unit were served an eviction notice just days before Covid hitting. The marshals were supposed to arrive but their office closed right after th...
Jason Prevette
Self-Property Managers...Any Regrets?
I'm debating self-managing my current primary residence following a job relocation (and move) to NYC, and in part of that decision I wanted to check with some fellow BP'ers to see if there were any 1st timers that cou...
Kesha Myrick
Why Is This Seller Stalling??!?
Hello all. I've gone through so much turmoil in life . . .including beating cancer 3X . . .so to come to this point as I finally have been granted a 3rd chance at life is frustrating to say the least. My offer was acc...
Michael Fundaro
What's your why? Why are you after financial freedom?
I'm looking for a little inspiration here. I haven't posted in a while, probably because I haven't been thinking of real estate much lately. I "started out" 5 years ago when I read "Rich Dad, Poor Dad," and dove in. ...
Chris Sullens
Are all costs prior to placing a tenant considered purchase cost?
So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...
Alick Patrick
Need a creative advice on getting approved on a second loan
Hello BiggerPockets!I started investing in real estate early this year. So far I've managed to purchase one SFH for $385,000 15 miles south of downtown LA and a 3-unit Multi-Family property about 2 hours east of LA. I...
Camron Cottam
Everyone shutting me down?
I am here trying to get started on the path of real estate and am finding that everyone I talk to (minus people on BP) are almost trying to push me away from the real estate world. Comments like "being a landlord suck...