Hello everyone and Happy New Year!I’ve spent the last 6-9 months immersing myself in the BP community, listening to podcasts and reading recommended books. I’ve even attending the One Thing Goal-setting retreat, and w...
Got a property under contract that's is going to be my first investment. Its a duplex in a decent neighborhood, half of which is already rented for 800/mo. Issue is with the inspection I had done. Sewage in the baseme...
Basel III requires bank lenders to hold greater reserves. What does this mean to you as investor? Price increases. The cost to carry cash for banks to appear solvent will be passed on to you as a consumer. The interes...
Hello BPConsidering buying our first home as a primary residence. We want to start a family and move into a house we can call home.With interest rates so low, we can get a great rate on a 15-year mortgage.However, we ...
I have a property that has 3/4 units heat turned on. Unfortunately, a tenant left and didn’t pay his electric bill. The soonest the electric company can come out and turn on heat to the unit is 8 days from today. The ...
Hello BP Compatriots! The last few posts were decently popular soooo.... I thought I would give it a go again. Here is my brief, hopefully insightful, dive into real estate and/or financial markets for Dec 7th, 2023.
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So, I am still early in the process but I am looking at re investments. I am looking at 4 and 2 unit properties. I have been unable to find any that fit what I am looking for. My market is the northern suburbs of NYC ...
I am tired of looking for the "right" house and have decided to take a plunge into building one for myself. Where should I even start?
In the area I live the apartment building prices have risen dramatically over the past year. We are seeing a leveling off but I’m waiting for them to decrease to a non inflated price.
What do you guys recommend in th...
I've successfully owned and managed a cash-flow positive residential property since 2012. After paying down personal and mortgage debt and getting my financial ducks in a row, I have begun the hunt for another house i...