Jennifer Cheu
Too ambitious to do bathroom repair myself??
Hi all, Bought my first owner occupy multi family, and decided to live in the most runned-down unit to do some repairs. I'm a mechanical engineer by trade, but have little to no real estate repair experience. I enjo...
Richard Dekok
Getting started in a overpriced market.
Good Evening all. I am a beginner, but yet I've been a landlord for about 11 years. This is via my mothers home that my sister and I inherited. I am a physical therapist and was doing quite well until covid hit as I ...
Barry Schwartz
FORECLOSE HAS HAPPENING IN SUFFOLK COUNTY NY
A former employee and still a friend has screwed up big time. His last mortgage payment was made in 2009. At that time he owed only $57,000. The house was worth about $200k if not more. I told him not to worry the fi...
Fabian Martinez
How can I grow my portfolio with my paid off rental property
Hello everyone, need some advise. I have this great opportunity to take my real state investing to the next level, but don't know what to do. I currently have three properties.
1. A town home that is currently rente...
Andrew Wilkins
Tri-plex purchase questions
My wife and I found a property we want to buy yesterday. We are planning on going to view it formally tomorrow. We did drive by the neighborhood to check it out, it's definitely a low income area but has potential. Th...
Rocky Verteramo
question about private lending
Hi guys!I have an investment opportunity that I would appreciate your expert advice on. Sounds like a no brainer, which is why I am extra questioning it and making sure I don't miss anything that could screw me!A frie...
Erik D.
How to choose a loan officer?
I own an investment property outright. I want to take a line or credit out on said property. It is worth $80k. My credit score is 740. I am looking into buying a ~$70k property very soon. It will be my second inves...
Kim R.
Handyman Costs
We have a friend that is going to provide handyman services for us on our rental property. Sent him out for the first job which is to caulk the sink in the kitchen. Here is my question - if he has to buy caulk, do we ...
Chris Lee
Buying an unwanted tenant occupied single family home
Hello everyone! this is my first time here and also my first time getting into the real estate investing game. A very rocky start tbh. I thought I was getting an amazing deal but what I'm ending up with is; essentiall...
Kirk B
The Reserve Expense Prinicple of Property Analysis
I was looking at a property that had extremely high taxes in relation to Gross Rents:
2 apts $500 ea, $1,000 Gross
Taxes: $4,250/yr $355/month
...