David Williams
First time home property rental new to BP
Hi everyone I’m placing a bid on my first rental property it’s 3BR duplex in upstate New York going for 210,000. I’ve been preapproved with a conventional loan. 25% down and closing costs would come to almost 60,000 w...
Bill McCasky
buying fourplex from realtor w/out one myself
I direct mailed a bunch of multi-family owners in my area, and got a response from a realtor who owns a quadplex. In my letter, I said I'd like to avoid using realtors (and use an attorney instead) to save some cash...
Matthew Irish-Jones
Looking to get my Real Estate Brokers License
Hi All,I am looking to get my brokers license in NYS. We are starting a property management company to manage our own properties, and to manage (hopefully), properties for other people. I have been told I will need ...
Jesse Higgis
Best way to structure a private loan
I am looking for advice for the best way to structure a private loan. I have a business contact who is looking to invest 200k, from the sale of their current apartment building (next month). I believe that he has fa...
Tristan Hill
Initial Financing For My First Property!
Hey everyone! So I need some advice. I am about to jump into the world of real estate investing. I have found the PERFECT property at a low cost. It's in a great area and needs minimal work. I still have to do a walk ...
Jack Gibson
I want to get into real estate, but have no idea where to start.
I have been a truck driver all my life. Now, I want to do something different, and I have always been interested in real estate. How, I have exactly 0 experience, and no capital to work with. Is it still possible for ...
Blair C.
How to Add a Fee for Parking
I was seeking advice regarding add-on fees at a rental property. I have a duplex and recently remodeled (read salvaged) the detached garage to make it as good as new. Prior to these repairs the garage was not safe a...
John Strong
1031 pizza/bowling to multi family apt building
My question is how to handle the initial introduction of my idea to agents. I have a paid for restaurant/bowling/bar building currently renting to myself. I would like to stop pizza after 32 years here and get a large...
Account Closed
Quick question - hiring someone for "driving for dollars"
Hi guys!It's been a little bit since I've posted on here. I have a quick question. I'm interested in hiring someone to drive neighborhoods for me. this would be part time work at 20 hours a week. I'm interested to kno...
Merrick Zed
Reliability of Property Managers
Are most property managers 'good enough'? Is there a big difference between finding someone 'excellent' vs 'can do the job'? Is it worth paying more for one who's supposed to be better?What's the best way to find some...