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Unfortunately my father had a major stroke and died recently. He left myself (executor of will) in charge and I have 3 brothers (we all get 25% of all assets). Dads house is a fully paid off 2 unit on long island in a...
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My girlfriend and I are planning on investing in a rehab project. This would be our first time and we have a few questions. We have spent the last year reading and learning as much as we can about the business and w...
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Hi BP Fam!So the rule of thumb I hear is to have the tenants gross income equal or greater than three times the rent rate. Just to clarify, If I have a boyfriend and girlfriend, sisters, friends, whomever renting my u...
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It's a pleasure to connect with all of you. My girlfriend and I are local wholesalers/investors in the North NJ area just starting out and we're extremely excited. Any tips or advice would be appreciated. Looking forw...
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Hey everyone! I am new to the real estate investing community and I am still learning so much as I embark on this new journey. I had a question regarding a sensitive subject and wanted to get the opinions of others in...
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I have a question concerning a Homepath property in my area.
The home is priced at 99,000. I could purchase the home as an investment with 10% down using homepath financing. I have also thought that I could encourag...
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My girlfriend and I are getting ready to move out on our own this time next year. She just wants to move into an apartment because "it's easy and not stressful." By move in I mean, be tenants and not landlords.However...
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In my last post of 2015, Top 5 Reason to Buy Real Estate Not Named Cash Flow I brought up some reasons that investors may consider real estate a potentially sound investment due to other reasons than cash flow. Before...
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Hello, I really need some help with a situation I have. I need to get a commercial mortgage I have under one of my LLC companies into a personal residential mortgage. The challenge is on paper I show I don’t make mon...
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My girlfriend is a cosmetologist who has been filing under 1099, but wants to change that with the S Corp. I’m looking for someone that can help recommend me or guide me to the right person to create that. She makes a...