Trying to figure out the best way to close this deal. It's a package of smaller mixed use properties in Newburgh NY. 8 buildings mostly brick 36 units. The gross income is close to 300k expenses 100k. Purchase pric...
Alright, I just read a post from a guru pitching services on BP. I did not want to respond with what I really think, but let me tell you my story here instead.
In 2007 I went to a RichDad seminar: after the free Thur...
It seems like the worse the neighborhood, the more the rental profit.
For example, in a bad neighborhood, I can buy a $45,000 house that rents for ~$850/month.
In a good neighborhood, I can buy a $100,000 house that ...
How will the actual crisis impact the real estate market in your opinion?
The fact is that , justified or not, the crisis has already hit many businesses including hospitality & tourism, transportation, financial...
Hey all, I am relatively new to the group. I am very impressed with the experienced professionals here and am glad that I stumbled upon this site. I am a seasoned real estate attorney and enjoy not only practicing la...
The topic says it all: say you could invest in residential (multifamily, with maybe a few house flips here and there) up to 500k. Where would you go? I'm sick of Chicago's property tax hikes. Looking for markets that ...
I'm looking to potentially write an article on vacation rentals and would love to talk with some folks about their experiences with vacation rentals. If this is you, jump in this thread and let us know a brief version...
Hi all,I'm planning to buy my first long term rental, a single family resident in the next 3-6 months. I'm in the Bay Area houses here are very expensive for me to start with. I have relatives in Houston, TX and did t...
I've been talking to a few people about this recently, but I would love to poll a larger group.For those of you who have invested out of state - which market did you decide to invest in, and why did you choose that ma...
I stopped playing the lottery a long time ago. Even then I only played the large jackpots. I'm finding myself tempted again. There are two huge jackpots right now totaling 2.6 billion dollars combined. If I won eith...