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*Disclosure I am speaking to an attorney on the matter this week, but wanted to share and see if anyone has had a similar experience or knowledge in this matter?So unfortunately my contractor was late in getting me a ...
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Under what circumstances would one of these strategies be more favorable than the other when acquiring an investment property?And with each strategy, what would be the exit strategy you would be after?I have have been...
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1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
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Hello BP....I'm looking to purchase property in Newark, NJ...I'm from NYC so for me, this is right next door. Can anyone let me know what neighborhoods to stay away from? Thanks.
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I've scoured this site for months upon months and haven't come to a solid conclusion...so, I'm sure I am asking something similar to every other newb- and I apologize not only for the repetition but the length.***My q...
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Hello to all my BP brothers and sisters,An Alaskan multi-family investor here, thinking about getting into the Hampton Roads market, because it's only 4,468 miles away! (so says google)No, seriously, we have family in...
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As the title suggests, I can already admit to mistakes for this deal. What I need help with is how to pivot. In March 2022 we bought a 4bd home in Montgomery TX (about 45 min north of Houston). My wife wanted an STR a...
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Hi guys,I did an eviction today on one of my properties and the judge ordered the tenant to leave my property by April 3rd. The tenant owes me 5K in rent.Should I send this to a collection?I am a Christian, the Bible ...
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Our lease does not have a clause in it for when a tenant would want to break the lease early. I don't know how this slipped through the cracks. Has anyone been in this situation before? The background story. We rent a...
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I own properties in the west Houston areas of Katy and Cypress. I've already been notified by one tenant that they may have trouble making the September rent payment due to not working this week at all. None of my pro...