We have a tenant who's been paying under market rent. 4-5 years ago when we first rented out the unit, the neighborhood was still pretty rough and we were happy that we got someone who was mature, responsible and coul...
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This is assuming interest will continue to rise. For me, my long term goal is to own doubles in my A neighborhood, that currently are 150K +. And 5% + interest starts to really cut into the profits. I'm not real exci...
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New to wholesaling. Curious on how to get started? Is it best to partner up with an investor so you know what area to target for undervalued homes? What is the best rate to charge for wholesaling? I have been reading ...
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Hey Guys, as you may know I am now into real estate and did my first deal and now trying to da a second. I try to buy houses on the low-end prices but In goox shape and in rentable conditions. I saw a nice one in Penn...
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A change was coming…
In mid-2008, the market cycle mirage was still in full effect. To say the lending standards were loose would be a dramatic understatement. NINJA loans were more than prevalent. They were normal a...
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Hello Everybody! So I have been surfing through this gold mine of a website, and I apologize if I have duplicated some of the same posts as I am learning how to navigate this webpage. A little bit about myself and ...
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I own two multi-families (Maplewood and West Orange) free and clear that I rent out. I feel like I need a strategy if I am to continue with real estate investing. I look at the MLS and everything seems overpriced and ...
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Hello BP Community,I hope everyone's doing well and staying safe during this pandemic. I'd just like to introduce myself... My name is Adrien Salvador and I am 23 years old. Recently, I began my real estate journey 6 ...
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I have a tenant that I am self-managing. Her rent is $1,350, she has been there for 1.5 years, always on time. We have a good relationship. She was 2 weeks late this month, she was transparent as to what was going on...
Hi,I've been looking at some multifamily deals on market recently. I understand that cap rate is a good way to determine if its a good deal. My question is if the investor was looking to buy out the current tenants, d...