Kiran K.
New tenant late rents, no response to calls
New tenant moved, 600+ score, she was living with her old age mom, so no previous landlord. Works as nurse, income is 3 times tent. For first 2 months she paid 10+ days into month attributing to difficulty in setting ...
Colin Lee
Seeking advice : New investor in Los Angeles Market
Hi BP members! Hello! I'm very new to the industry and trying to seek advices in rental property investments . From my brief study, cap rates ranges from 3.5~4.7% in general. Not sure if it's good time to invest or ho...
James Gilpin
Tax Delinquent Owners not motivated, why??
Hi All,
I have a list of 48 property owners who are due to be foreclosed on June 30th.
Rather than mailing them letter I went and hand posted them just as it is my first time marketing and wanted to get a feel for...
Account Closed
Empty versus Drop Standards/Rent
I read quite a bit that it is better to leave a unit empty then to fill it by lowering your standards.
The economics would suggest otherwise. An empty unit equates to an 8+% drop in yearly rent for each month empty,...
Nicholas Flores
Condo or Small Multifamily NYC House Hack?
Good evening everyone!My name is Nicholas Flores, my wife Sonia and I are from the Washington DC area but I have been recently offered a position to relocate to NYC. My wife and I are deciding on whether to buy a cond...
Nhia Yang
Need help financing with poor credit score
Hi BP, I want to ask the experts on how to creatively finance my first property --- if you guys think I should do it now, or wait. First, my boyfriend and I found a quadruplex (1 unit is available, the others curren...
Pete Harper
Do I Qualify as a Real-estate Professional?
I'm investigating if I qualify as a RE Professional for the IRS. I'm retired with no W2 income. Primary income is from real estate, investments, pensions and IRA. We currently own 38 units held in LLCs and privatel...
Thomas P.
Newark, NJ
Can someone please break down the wards in Newark, NJ. I am looking for some buy and hold properties but do not want to go to a war zone to collect rent. I have heard good and bad about Newark. Thank you all!
Account Closed
Co-Investing in Real Estate
How do people invest with each other? Do they use operating agreements, joint ownership, both? What type of professional do you use to officiate this? Just a lawyer? An agent? Both? How are these typically structured?...
Aaron Breiding
Security System
I recieved a good deal on a rental in a neighborhood that I would grade a C+. Not the best but certainly not the worst. What are your thoughts/opinions on installing a security system for an incentive and also to attr...