Looking for thoughts on or ways that REI's use for leveraging their rental income stream. I understand rent first goes to the mortgage, then the management of the property and its bills. I also believe in having the ...
Hi BP community!I am looking to get some perspectives and suggestions for some shifts on our RE journey. I am not new to real estate generally, but new in some ways. I am a principal in a small family business that ow...
Hello Forum,I currently am renting out an SRO in NYC where a gas leak was found. My question is how bad does the leak need to be for me to have to move the tenants out? Also, the tenants are on a month to month so w...
I'm new to this forum (and Biller Pockets) but not new to renting properties. I've never had more than 1 at a time but haven't really leaned in to make it a primary business for a way to eventually replace my current ...
Howdy folks,I am a newbie looking to invest in South Jersey. I live in Brooklyn and work in the architectural profession in Manhattan. As you may know it is entirely too expensive to buy in NYC with my small pockets (...
Hello,I'm planning on accumulating several dozen single family homes with cash over the next year, and then getting a non-recourse loan so I can leverage up the portfolio (without risk of personal bankruptcy). I am s...
I have questions on whether I should expensing or capitalizing my costs on remodeling a property. I feel expensing is always a better option, since it deducts the overall taxable income to the most amount immediately....
Hi, all! I've been stuck at phase one for a while now...I've read the posts, I've read the articles, watched the videos, and so on, and so forth. I feel like I just keep having to research and research and research an...
Reading up about real estate note investing and all the benefits it has over buying actual rentals.
Does anyone have thoughts over which strategy is smarter? Also any favorite resources on how to get started?
In December 2017, I purchased what I wanted to be my first rental property. Bought and paid for it with $30k. I have done all of the repairs myself, and intended on having it available for rent in the summer of 2018...