Hi all! I have a co-op rental in NYC and a tenant who has been living there for 3+ years. She stopped paying rent mid last year and applied for ERAP. Earlier this year ERAP denied her application. I issued a 90-day no...
I am completely new to REI "NEWBIE" ALL THE WAY, so I have my concerns with a lending opportunity. I asked the developer how is he going to secure the loan so that I am guaranteed the return of my principle? I was tol...
I am under contract on my second rental property (YAY!) and just got a quote for home insurance. The quote I got lists my "dwelling coverage" as 4x the value of the home. This seems way too high to me (the coverage on...
What's up BP!
Found a great fixer Upper that has huge potential In a great location.
Here's the issue:
A guy used to live there and then died. His son took over a supposedly lost his job and started renting the room...
So I've been looking into "subject to" deals because I actually have a friend who is in a position where he has to move across the country and can't seem to sell his house. I have two conventional rentals but I have n...
Hey all - Wondering if anyone can give me some insight on some of the more profitable short term rental markets on the east coast. I am from PA and am very familiar with the Poconos area and all that is going on there...
Tenants love to crank AC systems to absurdly low temperatures which creates a high likelihood of breaking the AC unit. In my area HVAC techs charge $1000s just to look at the unit after it breaks. I have a 3 year old ...
Just got back from looking at a 4plex in a suburb of Chicago (nice neighborhood). Building is completely tenant occupied with 3-2bedrooms and 1-1bedroom, unit comes with new boiler, water tank and new coin operated wa...
I have a house that I am trying to get under contract with the intention of utilizing BRRRR. This house was owned by a lady who passed away, and her three daughters are now co-heirs and owners. I spoke with all 3 si...
Hi I found a couple of distressed properties in my area with notices on them. I checked the county assessor information for the properties and the owners are living at a different address. Should I send the mail to pr...