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Hi BP members,I am a newbie here but I have been listening to the BP podcasts for the past year. We are thinking to buy a long term rental property. We currently have a mortgage for our home and I am just wondering if...
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I'm seeking out distressed property on Long Island that could use some rehab. I have come across a handful of properties that are for sale, but were sold within the last 2 or 1 year for sometimes double or triple the ...
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Hi guys
I completely understand how the wholesaling strategy works, but for the fact of my one hang up -putting the home 'under contract'
here are my questions to that specific:
1. what exactly does that mean - bot...
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Can you do a 1031 exchange into a property you are buying through a land contract? I am asking this because (as I understand it so far) you do not actually take title to the property with a land contract until the no...
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HI BP,I’m a relatively new investor (have 2 units/ under contract on 6 units) and wanted to survey those seasoned landlords out there: When checking out a Buy/Hold property, what are your “deal breakers” that yo...
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Hello,
I have a 3-Family house in Albany NY under contract with a 2-car detached garage that cannot be used (roof is collapsing, structural issues). Removal according to the inspector would cost aroun...
I was served a certified letter by one of the six tenants at a student rental house stating my lease was void because of violating Wis. Stat 704.44. giving them reason to pick up and leave. This in turned caused a do...
Hello all,I'd really appreciate a few thoughts from this amazing community. I'm in need of some help on the best way to manage the rehab costs of a new property within a three-person LLC/partnership. This is the first...
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Hello all, How have you repaired foundation issues with cinder-block walls that are crumbling. I wish I took photos, but I didn't have the opportunity. I looked at a property today that has a cinder-block wall constru...
Hi guys,
I'm very new to the RE, and starting off looking at the BRRR. This townhouse property is in city, with very enticing price (110k) and needs some rehab for rental, a foreclosure by the bank. I've checked the ...