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I have 60k cash saved up to put into use. I live in Staten Island a rough area in real estate! It’s expensive here so just trying to here what some people would do with 60k the best way to make it stretch and put it i...
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I mentioned in my introductory post that I would attempt to chronicle my experiences as a first-time real estate investor here, in the hopes that some other new investors may relate to them and maybe even find them he...
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I have owned a 16 furnished room (dorm style) rental property for 14 years and never had a tenant do this. We rent the rooms for $395 per month and it includes power, water, sewer and garbage service. We keep the A/C...
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A great thread about the future of Cap Rates got me thinking: have valuations of MFRs always been as....sketchy as they are right now? And I hesitate to use that word, because it has been, and always will be, Caveat ...
Hello BPers,I own a rental property (single family home) in CA bay area, and I was looking into doing a 1031 exchange with a larger property as a way to upgrade income. But on second thoughts, after years of being a ...
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This evening, a tenant of ours was notified by the police that a man they were pursuing had entered her home (our property). He was of no relation to our tenant, just happened to be running through the neighborhood t...
Hello,
I've spent some time reading these forums and more than once I've heard of middle or upper middle class real estate investors amassing large amounts of wealth, $5-10M net worth, over periods of 10 or...
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We have a potential renter who is offering to pay 100 dollars more per month for the 1st six months until the security deposit is paid. She is currently staying in a extended stay for $250 per week. She said she fou...
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Read several times on here that people bought commercial or MFH and plan to hold 5-7 years...What happens if the market turns the other way and you can't sell, AND the fixed rate expires and you are now facing a highe...
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I'll be visiting McAllen, Texas next month for a couple days to look at some properties. Will also be visiting San Antonio and Austin while I'm in Texas. Was wondering if anyone has any background information on McAll...