SITUATION 1:I purchased a house with a VA loan (this means I cannot rent it out) for $225K located in Long Island NY. The current mortgage is $200K. The current rental value is $2,400. The PITI on the house is $1300. ...
Hey B.P. I am a first time investor and I have a question about structuring a deal. I’m 23 years old currently renting in the Bay Area. I’m self employed and cannot qualify for a loan. I have a family member who is a ...
Hello! I am trying to get my real estate license. However, I'm a bit confused about the law in New Jersey. Recently the governor passed a new bill that allows undocumented immigrants to get professional licenses. I am...
So we had a tenant who accidentally (no idea how this actually happens) left their bathroom sink, which had a little blockage, running over night and caused flooding onto their floor and into the unit below. We immedi...
Hey I'm Jaden Griggs and I'm in the Air Force! I'm currently in tech school but I'll be going to Germany for 3 years in a few months. My goal is to generate $10k passive income a month in real estate within these 4 ye...
If I was to self manage my own small multifamily, would I have to start a PM company? And would this only be necessary if I was intending to be receive compensation for my time as the property manager? I appreciate y'...
Driving for dollars. Found a home in really rough shape. Off of a busy rode. Home has an ARV of 135k. It is next to a junk yard. (not an active one just cars piled up). It is in some of the best school districts in th...
Hi, Our rental property is in Manteca, California and our rental property tenants vacated couple of weeks ago after his lease expired on Dec 31st 2023. They stayed for 2 years and our rental lease agreement indicated ...
I really shouldn’t spend too much time on this because my offer very well simply be declined by the owner. But we do have rapport, so I figure it’s worth a try. Here’s the situation, we’ve rented here for 12 years fro...
My husband and I are going to look at a house to buy for us personally that was just listed on the 26th. Our realtor said that there are 9 interested parties to see the house and they have one hour on Sunday that 3 o...