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Hi all,My wife and I made a last-minute offer on a rental property in New Albany that is in a flood plain. We have until noon tomorrow to get a quote on flood insurance and withdraw our offer if we wish. Even if the r...
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Hi BP forum,Hope everyone is well! I am looking into house hacking a 2-4 unit property in the near future, yet since I live in New York City, and it is close to impossible to house-hack where I'm out without some seri...
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Hi all,
I'm currently looking at a two family duplex in the NYC tri-state area. This is a very desirable area with a lot of young professionals commuting to the city, and people looking to start families.
One thing...
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It seems as if a large number of buy and hold investors try to use the 50% rule for their rental properties. I myself think the rule makes perfect sense and that is what I use also.
I would like to get everyone's o...
Hello,This is first time posting on this community, so please inform me if this was the incorrect area to post. Love the community!**here is the condensed version below see in between the dashes, for the longer versi...
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I have a family friend that bought his house cash. Unfortunately he may not have paid tax for almost 5 of 8 years living there (my estimate) a collection company is in the process of foreclosing on him. I was wonder...
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1. My parents are trying to decide whether or not to payoff the mortgage on a single family rental they own in Las Vegas. 2 I'm trying to do a ROI analysis so that we can compare whether or not they should keep the...
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A lot to explain here, so I will try to make it short and easy. I currently own 2.5 acres with a covered extended stay RV park. I owe 47K on the property, and the value is slightly over 200k. I want to add a final ...
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Hello BP,I'm a starting RE investor and i'm about to close on my first real estate wholesale deal on the west coast of Florida. The deal is structured like this:- I am buying a duplex from a wholesaler for 160,000$, h...
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Hello, I am a new home investor. I am currently looking for homes/ townhouse in seattle area , fremont ballard and queen anne. The properties im looking at range from 750k to 850k. I can rent it out on airbnb for 250-...