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Question from a newbie in NYC - My partner and I are starting in the New York City market and are looking for some wholesale deals. We came across this property and we would love hear some feedback.It's a multi family...
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Hello my family of 2 adults and two babies live in a 2 bed apartment for $1250 a month. We need to find something cheaper but the places were finding are not in safe areas. How can we find cheaper rent with not much m...
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So I have a beginner question. I was speaking with a guy I work with who has just recently started in REI. He bought a SFR 3/2 that was a foreclosure for right at 50k a few months back. He decided to rent it out and ...
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I have a pool of tenants inquiring to rent and one of them is a 71 yr old senior citizen. What are the pros / cons of renting to senior citizen? What do I need to ask besides the usual stuff like income proof? If a...
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I have been getting more returned mail than usual lately - using a Listsource/County Assessor list and absentee owners. In speaking with customer service at Click2Mail, I was told I can create an account and run my l...
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HI BP,
I am new to posting on BP. I have been doing a TON of reading here and it has been nothing but a great source of information and inspiration!
After several months of learning, I am finally ready to make my f...
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Consider this a hypothetical situation. Say a family member (different last name) was to rent out a room in your basement for $500/month (Market value for similar would be around $700/month). Most people (homeowner) w...
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Hi BP Members,I have a passive investor lined up to provide the down payment on an investment property. I will find and manage the deal, and take out the mortgage under my name, and receive a portion of the profits fo...
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Hi All,I'm a newbie trying to put together my first deal. I've put an offer in an a 4-plex in the East Bay of the SF Bay Area.Redfin lists it as being worth an estiamted $1,070,000, and I offered $1,000,000, mostly be...
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I’m a new landlord. I just purchased my first duplex in October and I live in one unit. The tenants in the other unit have been here for 8 years. The seller raved about how great they are and I have had nothing but go...