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Hello BP,I'm looking into buying an apartment complex from an elderly fellow. He has a "friend of the family" currently as the only "tenant" in his 6-unit apartment. He told me she has not paid rent in over 15 years, ...
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Hi all, my name is James. My start in real estate investing is complicated, but I will try to keep it succinct.
I'm a young professional, and I've done very well in my field. Unfortunately, I've also come...
I've finally hit the required 3,500 points required for the NYS Broker License and I was planning on filing as a corporate broker. I originally started working with my current brokerage specifically because the broker...
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I have not seen this problem addressed in short sale discussions.
I am losing some short sales because of the Private Mortgage Insurance. The lenders refuse to discount the mortgage because the insurance company deman...
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Hello,
I am beginning the hunt for my first property. I've had my ear against the door of REI for a few years now and I'm finally ready (within the next 12 months or so) to dive in. The main goal is of course to omit...
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Hey Guys, I am trying a new strategy of not using a real estate agent myself but trying to get the sellers agent to be a “transactional agent”. The thought is this would get them somewhat on my side(although not offic...
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I am hoping to get some help on a situation we are looking at and would appreciate any input! I also understand that this is not tax advice and I’ll will be working with a CPA.My wife and I are looking at purchasing a...
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Hello everyone! So I’m officially under contract for my first multi unit house hack, but I’m having a bit of hesitation about the 2nd unit. The tenants are wayyy under market rent but have been there over 10 years so ...
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A friend of mine recently retired with a very, very substantial amount of money in his retirement accounts but is now having issues getting funding for a personal residence. He currently lives in CA, and is in the pro...
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We have been living at this place for nearly 2 years. The "landlord" didn't have us sign a lease agreement for the place but we have been very diligent with our payments. Here recently they have spoken about needing t...