I had a property manager who found these tenants, signed the lease, and did a walk through inspection. I have copies of all. The tenants moved out... 2 days later, I went to inspect my property myself, and was shock...
Where I lack understanding is at what point do you start making money for example you buy a duplex lets say it was 300k the monthly mortgage is 2,500 each renter pays 1,500 thatd 500 cash flow which is I guess “profit...
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I'm a new investor. I have a duplex and I have some inherited tenants on a month to month. I served them 30 days notice for a multitude of reasons, but of course on paper decided to go with a 30 day termination of...
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What are the topics that come up on BP way too much?
LLC or not?/ transfer to LLC
Guru stole my money guru is a scam
Best flooring for my rental
Any others?
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I live in Long Island, NY. This is an expensive area to get started up as a first time Real estate investor as most 2 families and up are in the $400k and up range. My other option is owning a property out of state...
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I had thought about doing this but wasn't quite sure if it's a legit thing to do? Do people still do this or is it more of a scam? I would like to know the pros and cons please.
Hello everyone.
I'm a newbie on this forum and very interested in learning more.
I have 2 questions:
- Are you a full time real estate investor?
- If so, how do you get financing?
I am...
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I plan to write a very detailed blog on my 1st experience using a 203k loan, but for now, I wanted to shout at the top of my lungs, that I FINALLY closed July 3, 2014 on my latest acquisition. A 2 unit - each unit, 3...
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Hey BP Nation,A good friend of mine reached out to me and want me to represent him as his real estate agent when trying to rent a suite in a brand new commercial neighborhood mall. He is a doctor and wants to start hi...
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My name is Aaron Pope. I'm in Indianapolis, IN and I'm just now starting the learning phase of real estate investing. I'm looking to build cash flow through rental properties for now. I'll look to expand in the future...