As someone new to real estate investing, there are some people who advised that an easy way to get started is buying a property from a legit turnkey company. 1. For all you experienced investors, have you purchased fr...
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I live in a market with typical cap rates < 3%. Given current 6% plus interest rates and need to secure financing on any property I would purchase, how is it possible to make money? In the case I've described, the ...
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Hello all,If I were to consider house hacking in NYC, what type of cash flow do you believe I would be able to receive? Lets assume that I purchase a duplex for 300-400k in The Bronx or Brooklyn, make some cosmetic re...
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Hello All!I am a complete newbie to the real estate market, although I have read tons of books and attended seminars, I have yet to make a deal.I was wondering if I should start out by going to a turnkey company like ...
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Hello to all. Since I am committed to my new venture as a real estate investor, I would like to have full disclosure with the BP community. I have been reading lots of great topics on BP and recommended books and I...
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Does it ever make sense to invest in an expensive property that has negative cash flow, yet the ROI is very good? If I don't need the cash now, but just plan on selling the house in about 20 years. I get that everyone...
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So here it goes. I own my home in Canarsie, Brooklyn. It’s worth around $500,000. I owe around $374k. I just bought it in March 2018. I could rent it out and make about $2k/month, $400 less than the mortgage which is ...
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Bought our first out of state rental property in Wichita Kansas. Seeking property manager and wondering what suggestions there are for finding the right company. I'd like to continue to grow in this new area.
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I am acquiring a 6 unit multi-family apartment building (and very new to the real estate arena); I live out of state so I will need hire a property manager to help manage, improve, and renovate the building. Does anyo...
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I have a tax question. My accountant of 12 years does not have any clients that flip houses, she has buy and hold but no flippers. Also her father was actually my accountant for 10 years and he passed, so she took ove...