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I just bought my first duplex and I am going to live in the upper unit to house hack. Need to get a few things fixed before I rent it out. Most serious is really slow running drains in the upper unit. If I run the wat...
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I've done quite bit of reading on real estate investing, listened to a lot of the great BiggerPockets podcasts and am very familiar with CRE (as I pro forma the financials from the end user standpoint). That said, I'm...
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A tenant called and stated the basement looks like there has been an explosion down there. He said he went down into the basement and turned off the water after seeing hot water had been coming out of the overflow va...
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Hi everyone, first time posting! My SO and I are currently living at home (he is in Bergen County N.J., I’m in Fairfield County CT) and saving like crazy in order to buy our first property together. We both have 9-5 j...
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As very busy professional, with accredited investor status, I want to find a low risk investment preferably passive to park my money in case the market goes south. According Robert Kiyosaki you can only build wealth...
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…and so the fun begins. :-/I just had a formal inspection done today on what’s supposed to be my first rehab, a Fannie Mae REO.Lo & behold, the inspector found evidence of a buried oil tank underneath the deck (th...
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Today we closed on our 5th investment property. This one is a 3/2. 1584 sq ft. No basement. Garage and large backyard in a good area. We are trying to decide if we should rent or possibly try and flip this one.
Pict...
Where I lack understanding is at what point do you start making money for example you buy a duplex lets say it was 300k the monthly mortgage is 2,500 each renter pays 1,500 thatd 500 cash flow which is I guess “profit...
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After selling rental properties to investors for 20 years, the common denominator why people hate rentals is because they don't like managing the rentals. I always tell investors to spend their time educating, improvi...
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Just a quick disclaimer. This is a really long post. Also I am also now employed by a self storage operator so my opinion is probably is not objective.I was a professional sale person who "retired" on 3/31/2018 to l...