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I own several single family homes and a couple duplexes that are held in an LLC owned by myself and a partner. They're all rental properties.I've been trying for years to do the "BRRRR strategy" as it's now called - s...
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Hello BP!I will be in the process of renting my new property (Class A/B SFR) next month. What things do you give as a gift and Welcoming package for new tenants (if any)?I was thinking to buy a nice book with tips for...
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Hey BP,Just got my first triplex that needs some reno before I can open for business. I'm living in one of the units. I set up a seperate bank acct. Now I need a book keeping software, what would you all recommend. I'...
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A few years ago if a tenant owed you rent or damaged your property you could enter the premises and “hold” certain items. It’s an old law I believe but was still could be used. It’s so old you couldn’t take their goat...
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Hey guys,
I am about to send out a little over 600 letters to sellers with at least 40% equity in their homes in certain areas of my city to make them offers so that I can buy and flip or buy and hold w/ terms.
Onc...
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Looking for opinion/advise of an experienced investor who know NJ and the tri-state very well. What area in NJ are best for holding rental properties. I picked NJ is because I live there. I am thinking/hoping to buy a...
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It is apparent that the motivator in real estate investing is gaining financial freedom. Great ROIs are goal….hot up and coming areas are ideal….BUT….how does creating NICE, low income housing (sfr or multi) fit into ...
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Hello, i’ve been hearing different investors talk about a seasoning period when refinancing out of hard money during the BRRRR process. can anyone help me dive a little deeper on what this is/mean?
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I recently inherited some multifamily property and the longtime property manager has leases set up with many different due dates. About half are due on the 1st, some on the 15th, some in the 20s, etc. The main reasoni...
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Hello, I have a specific question and haven't been able to find the answer.I have a very motivated seller who owes about $126,000 on his house, which is also what it's worth. He is willing to repair the property and ...