Hello everyone! I am just starting out in RE., and would appreciate your help. I currently live in Brooklyn, NY. and consider buying 4 unit multifamily property out of state. Probably something like New Jersey, Rhode ...
I am always puzzled why people allot 10% of rent for maintenance... I've talked to so many people and read so many posts of situations where the allotment is 10% regardless , eg.Imagine a situation where the rent is $...
Hi BP Investors! I spent the last few months reading the forums and learning from each one of you, so wanted to start off by saying THANK YOU! you helped me land my first deal.So, I just got an offer accepted over the...
My mother my brother and myself are buying a duplex and are trying to decide if we should put it in an llc or just keep it in our own names. I currently own a few rentals that are in my own name. The issue is being a...
Hi guys,So I spoke to an attorney and his suggestion is to have every adult person on the lease agreement.So lets say if I come to inspect a unit and someone else lives there in addition to the person who signed a lea...
I have only just begun researching real estate investment so I've been analyzing random properties for practice, and I came across one that seems really good to me but I'm wondering what I might be missing. I've tried...
Growing up in an South Asian (Indian) family it's very common for us to fall in the steps of our parents in IT, computer science, and medicine. Since I was a kid I've made it clear that I don't want to be in any ...
Hi everyone,
As I mentioned in my subject, I'm a new investor wanting to start out in Beaumont/Port Arthur, Texas. For the past 7 months I've been reading a lot about real estate. I've read many articles on h...
Recently I have had a bunch of people come to me asking how do they buy a property with no money down? Now I know about private money lenders and hard money lenders but I'm I missing something? Are there easier option...
Hey all,
I’ve got a potential deal in Ishpeming, Michigan that I’d like to get some input on my evaluation results:
TLDR; Property cashflows $190 but the COC return is only 4.9% due to assumed soon needed repairs (...