I believe I may already know the popular vote, but here is my situation: I purchased a brownstone in Brooklyn in 2014 as a shell and the house underwent a gut renovation. It is a 3 unit building that my wife and I occ...

I have never paid more than $30k for a house.I have never run a credit check or asked for a credit report on anybody who has applied to rent any of my properties.I have never asked a tenant for their SSN, DOB or any o...

So I got a phone call from a tenant who is six months into a one year lease, she is moving in with a boy friend.Lease has an early termination fee of two month's rent.  I am holding a security deposit and last month's...

Hi BP fam!I'm Matt and I've been a member of the BP community for over a year, but never been involved in posting. I'm from Central New Jersey (732) and will finally be getting my feet wet into real estate. My goal is...

Hello all,I have been a member for about a month and have been too afraid to throw out an introduction until now, it is time for me to jump in. Roughly five months ago I bought my first investment property and I'm hoo...

I've received some PMs and e-mails asking about setting goals and what do I do in retirement. I've ressurrected an old blog from nearly a year ago that was done in 2 parts. We have SO many new members, I decided to p...

TL;DR Matt Motil is a fraud. Do not invest with him.
Warning, this is a long post. My purpose here is to save some of you from the experience I now find myself in after providing a short-term loan to Matt Motil of C...

I've been doing a lot of research and looking at a whole bunch of potential property I want to buy but I am at a cross roads about what kind of property I should buy for my first investment property.
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I have a 2.6 acre commercial property I've just closed on. I would like to build multi-family on the property in the future, but the market for construction is too high to justify new construction residential right no...