So quick backstory about me.. I have 2 rental properties on Long Island, NY and they're both located in the same town.
Property #1
-Legal 2-family duplex (2 units)
-Does not need to be owner-occupied since it’s a l...
Hey, there is a house that is for sale. There are currently long term tenants living in the house. The landlord is a good friend of mine and is willing to sell it to me with a huge discount. The only problem is i have...
Hello Everyone,I have some motivated sellers and I'm trying to structure the Option to Purchase contract but after doing the numbers using the Wholesaler calculator available on here. I'm a bit confused as to how to o...
Long Island investors, how is the market?
Hi all am thinking of starting to invest in the Buffolo /Niagra Falls are in New York It s close to the border and fairly easy for me to get to.any ideas infor or advice i can get on the area would be really appre...
This can be vary frustating for most investors simply because of "FEAR".
"FEAR" has been the most prevalent factor in life that has kept many investors from being successful.
"FEAR" of the unknown!
"FEAR" of rejectio...
I figure this is as creative a way to finance property as there is, so I'm posting it here. so I've been finding a bunch of properties that look like good deals. I don't have the money to buy them, but I know quite ...
Hi,
I'm looking to buy my first home, but instead of just buying to buy, I want to make a profit out of the situation. I feel like my best chance here is in the pre-foreclosure market because I have enough cash to pu...
Ok so I know not to live too strictly by the 50% rule and it is used in order to give a rough/quick analysis of properties.
That being said... I've seen some explanations of the 50% rule that doesn't quite make sense...
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