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Good morning,I'm a landlord with 1 property. It's a 4 bdrm and rents for $1950/month. I have been paying $135/month to a property management company and as far as I can tell, all they do is collect the rent, keep th...
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First time getting into real estate. I have read that rent to own is a good way to get into real estate if you do not have a lot of money to start. What has been your experience with rent to own option?
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Hello everyone: I have been approached by my management company to look into refinancing my (2) 3 family units located in the Bronx Here is part of the proposal agreement. Please give my your thoughts. I am have no ex...
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So I closed on this property (triplex) around Mid-Feb 2020. I just found out thru a letter from the county, that I am now in foreclosure because I'm apparently delinquent on my property tax. I thought this was weird o...
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Hi BP! I'm purchasing my first multifamily property located in Redlands, CA. The property is nicely located near a university and the area generates a pretty decent selection of tenants. I've been reading about the pr...
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Has anyone been able to find out if the recent rollbacks on Dodd Frank change the number of houses that an investor can sell to a non-investor, using seller financing, before the seller is tagged as a loan originator?
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I'm investing with an equal partner and unfortunately we're defaulting on our hard money loan because we don't have the money to pay it off and we won't be able to sell the home by the due date. A contractor also put ...
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Circling back to buying a family members house.. can’t assume the property since I won’t be occupying it. So looking into subject to. I would be on title, she is completely off once it closes. Then she continues to ma...
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We currently live in Tampa, FL. We are new to investIng. Homes seem so much cheaper in Vegas. If you had the opportunity to move to Vegas to invest, would you? Why or why not?
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Hello all,
Just over one month ago I finally closed on my first multi-family property. It is a 6 unit property in Jersey City. Below are the income / expense numbers & acquisition costs...