Our property  manager emailed last night stating they are having an "emergency meeting" to discuss whether they should continue business given the new regulations signed into effect by Gov. Cuomo. The new tenant prote...

Economic Update
(Yom Kippur Edition)
The second quarter of 2020 (April, May & June) was the mother of all economic contractions. Real GDP shrank at a 31.7% annual rate, the largest drop for any quarter since ...

Hello,

Is the 20% down payment guideline a fixed rule across the industry? Or, is it possible to get a mortgage on rental property for a smaller percentage down payment? (maybe 5-10%, or even *gasp* no money ...

I've been a BP member for over 4 months now. I have become interested in REI but today I have a more of personal situation rather than a business.So here is a quick timeline of events.- Early 2017 My family and I deci...

Hello all!I've already learned a valuable lesson in investing in small mutlfiamilies - including what happens to the security deposits in the initial offer.We close on a duplex next week and I was under the impression...

So people always say go to REI meetings, meet people and talk to them. I am doing that, however how do you approach a private investor? What do you say? Hey I'm a newbie can you fund my project (when I get one)? Being...

So my tenants paid $1000 of the $1200 that they own me.  Rent is due on the first, but late fees don't kick in until after the 3rd (on the 4th).  The late fee is $30- day.  Do I charge them the whole late fee or pro-r...

Hi all,My parents have asked my brother and me to help them to eventually sell their house, and because my brother and I are still fairly new to the real estate game (the extent of our experience is that we have bough...

Help is appreciated on my first wholesale contract. I put a property under contract with a 30 Day Option period. After we signed I could not find a buyer. (I offered about 20k too much) Seller wouldn’t go down. I file...

Me and my two buddies just jumped into real estate investment and are thinking of trying out a house hacking strategy. We all have regular W2 jobs, and we'd love some tips on how to make the most of it. Any advice wou...