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Hi everyone. I'm Lou and I'm new on BP. I live in Staten Island NY which is actually the forgotten 5th borough of NYC. I grew up in the flooring business and now have taken the helm since my dad's retirement. I've...
Our section 8 tenant had a death in the family, and unable to pay this month's tenant portion. As a new investor, I wanted to begin prepping for what to expect going forward. We did issue a letter (reminder) of paymen...
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Just joined the BP site and wanted to put my 2 cents in. I started like most immigrants. You come to America the land of opportunity. You work and make money. You save and work more and make a little money. You save s...
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Hey everyone, I feel like I’m spamming this board with questions but I really appreciate the help. I have my rental listed currently on Zillow with my stipulations (600 credit score, 2.5x income, etc). I am just conce...
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Anyone see this?Oakland bans criminal background checks on potential tenantshttps://www.latimes.com/california/story/2020-01-21/oakland-bans-criminal-background-checks-on-potential-tenants1. Is this fair to the law-ab...
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With the rent to price ratios so high are we at a disadvantage? This applies to 1to4 Fam and larger commercial deals, also with very low cap rates. There must be an upside. Any ideas?
I planned on buying an owner occupied duplex as my first property but there simply aren't any deals in my marketplace for multifamily properties that I could cash flow once I move out. I've concluded that if I want a ...
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Currently, I'm using a property manager for one property. They just direct deposit each month into my checking account. I am buying another property and will most likely not be using a property manager for it. What...
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Hope you're having a great day! My hard work over the years has paid off and I have been lucky to have some disposable income to invest. Thinking about buying a rental property in one of the growing cities and renting...