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Hello everyone, I am a rookie and need some light.My spouse and I are recently closed on a LTR under LLC. Both of us are w2's with AGI >150k. We have read that even if you're an active investor, if AGi >150, th...
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Hello my fellow landlords,I have listed my first property and have my first applicant. I have a couple of questions regarding doing due diligence on applications. I have set a minimum standard of 3x income. rent i...
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Investment Info:
Townhouse buy & hold investment.
Purchase price: $63,000
Cash invested: $70,000
Sale price: $215,000
Project Overview:
A E Talley Construction LLC is embarking on a single-fa...
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I have a condo unit that burnt down more than 3 years ago. HOA has worked with a contractor who started on the work. seems like he was paid full monies and has since left without completing work. In the mean time I am...
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Would you leave a playground that is already on a multi family property? or is that too much liability?
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I am in the process of purchasing my first investment property. I am setting up meetings with a few different FHA Consultants to discuss pre-approval for an FHA 203(k) streamline. The loan is for 200,000.00. How much ...
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Hi everyone,
I am about to finalize a contract for a 2000 sq ft duplex with a 2 bed/1 bath and a 3 bed/1 bath unit. However, after a quick tour, my agent informed me that neither unit has central AC or a washer and d...
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Hello BP Community,Can anyone offer me a sound and professional property management group in the northern NJ area who have vast experience in multi-family services that comes highly recommended?Thank youAnthony
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I am newbie in real estate investing and BP. Looking to get started on this journey and expecting to learn and gain valuable insight from such a huge experienced REI community on BP. I recently attended 3 day seminar ...
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I just started managing one of my rental units after a several year hiatus (it was managed via a property manager during the interim).
I'm screening applicants for a vacancy, and I noticed something odd. I pulled wh...