Thomas Ingrao
Agent doesn’t want to “lowball”
So I found a property that has SERIOUS potential. The duplex is owned by an elderly couple, both of which were moved into a home and this is an estate sale. Asking price is $27,900 and assessed value is $19,800. The h...
Marylynn B.
Best areas for cash flow on east coast
I know this is a loaded question...I am selling a property in NY and live in Maryland. I do not like the idea of an out of state rental but looking for a good area for cash flow and the least amount of headaches. I...
Orion Walker
Meeting with large apartment owner looking to sell, what should I do?
I happened to run across a message from someone looking to sell a near 50 unit apartment complex in my town off mls. We spoke briefly on the phone and he said that he would prefer to meet in person, so we scheduled to...
Dan Gheesling
Detroit - What are your thoughts / questions / fears about investing in the City of Detroit?
When you hear about Detroit Real Estate most people get scared and picture burned down buildings, blight, etc. Myself included.One of my initial fears was that I wouldn't get my money back out, and that the renters wo...
Stephan Kraus
0% Seller financing - for WAY MORE than the property is worth? 🤯
Ok so this is probably not going to be an easy read, and i primarily write this down to make sense off my own thoughts, but i thought why not let a few of the great BP minds participate and maybe together find a satis...
Account Closed
City suing landlord for $1.2 million for 'illegal' airBNB rentals
City apparently feeling unheard when landlord and airBNB appear to be dismissive about rental ordinances.http://nypost.com/2017/05/14/city-smacks-landlord-...Here you have landlord suing tenant for $300,000 for illega...
Ben S.
Preparing for and profiting from a crash
I have a few predictions about the economy, and am looking for the strategies of those who have a similar views. I'm not looking to discuss differing views, just if you agree with this view.First, I believe the econom...
Jack B.
Can I retire like this? (3.2 million net worth)
Background:
I just turned 40. My net worth is 3.2 million. 1 million liquid cash, the other 2 million is equity in my houses including primary residence and rental properties for a total of 8 properties. Cash flow i...
Matthew Wiltse
Best Ways to Invest in RE When Living in NYC
Hi BP community!I am a 24 year old living and working in NYC. This past winter (Feb 2017) I got the Real Estate bug by stumbling upon Clayton Morris's podcast. I listened to episodes 1-100 in a matter of months. I ...
John Collins
Manhattan’s empty apartments: New leases plunge 62% in May
https://www.cnbc.com/2020/06/11/manhattans-empty-apartments-new-leases-plunge-62percent-in-may.html
“The supply of available rental units continues to accumulate,” UrbanDigs said in its report, which looked at all ...