Brick Biermann
Rent Increases for existing tenants
I have a 4 unit property located in Jersey City Heights, NJ with all units currently occupied and 3 of them renting under market rate. All 3 units have their lease expiring later this year.
As I understand it, Jerse...
Alvin Neal
Detroit: The Blueprint for Bankruptcy!
We Are All DetroitDo you think the damage from the pending bankruptcy of the city of Detroit will be limited to Detroit? Think again. Detroit is partly the victim of economic trends far beyond its control, the down...
Mark Updegraff
Where do you stand left versus right
Just a poll people. Curious how other RE investors view the political landscape.
Are you left or right?
I'm on the right. Though I think the next election could go independent :wink:
Cheers,
Mark
Mark N.A
Latest -- Banks Still Run by Morons
So I get a call from one of the brokers I use and he tells me about this ‘great duplex’ foreclosure that started out at $199k, then worked its way down to $149k whereupon an investor bid $85k. Which the bank refu...
J. Martin
Texas Forum - SF Networking Summit Connections
This forum is for anyone coming to my Networking Summit who would like to talk about the Texas market to start connecting and talking about this market before the Summit! (see website in signature) If you're a local w...
Kristina Boothe
New investor couple looking to get into long distance investing
My husband and I are starting our real estate investing journey. He is a general contractor and I am currently a casino manager. We bought a house in September 2020 using his VA loan for $257k we spent the last year a...
Kate H.
Sole proprietor landlords in Canada - anyone use a business name?
I just bought my first property in Canada, a duplex with 5 tenants, and for various (most tax related) reasons, I have decided to operate the rental as a sole proprietor. I'm considering whether to register a business...
Kristen Ray
Lending confusion Please Help
Hello Bp!Can someone please help me to understand the lending process.Can investors use a gift from a family member for a down payment?In what circumstances will a bank lend to a LLC? I have had lenders state that the...
Kelvin Lee
How to cope with the high interest rate?
After enjoying 3.4% interest rate over the last five years, I'm now confronted with the challenge of managing a 6% interest rate in the coming year. This is a source of significant concern for me. Moreover, the rate o...
Ian Livaich
Does a refinance trigger a tax assessment?
Hello all,I am currently negotiating with a bank on a REO over my first property. It is a triplex in New Jersey. This would be a BRRR deal. My question is this -- does a refinance trigger a tax assessment by the town?...