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Perhaps I have an inner socialist I’m not aware of, but I have to ask the community, when is enough enough as it pertains to number of units owned?How often they ask on the podcasts “where are you going from here?” An...
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Trying to figure out the best way to close this deal. It's a package of smaller mixed use properties in Newburgh NY. 8 buildings mostly brick 36 units. The gross income is close to 300k expenses 100k. Purchase pric...
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This is the worst property situation I've had to date. I'm overwhelmed and not sure what to do. Any helpful advice would be appreciated. I bought this fourplex in December 2013. On Sunday a tenant reported sewerage ba...
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Like many others, I was originally drawn to the thought of REI after watching too much HGTV, specifically Nicole Curtis' show Rehab Addict. This question is for the seasoned flippers out there...is there any place in ...
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One of our Bloggers, Justin Pierce, wrote a fantastic article that took an in depth look at all of the costs associated with a house flip.
This is a MUST read for any newbie rehabber/flipper:
Rehabbers! Know ALL t...
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I am in the midst of dealing with a wholesaler that has left a bad taste in my mouth for the wholesaling business, and am wondering if this is common practice.A little background: So, I'm trying to sell my house and ...
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I'm a new member and this is my first post so please go easy on me! I'm interested in investing in my first LTR or MTR. I have a full-time job in NYC and travel excessively for work so I will need a property manager...
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Hey team, so this is a super personal post. Read at your own risk lol.I grew up in a family that had 2 - 4plexes and 3 triplexes. I grew up collecting rents with my dad, and working on the houses and mowing the lawns...
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I am a mad scientist when it comes to marketing. I will try anything once, and most things twice. So let me ask all of you, what is your favorite or most creative marketing technique?I will shart my most creative. ...
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So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...