I am based in New York's Hudson Valley and interested in buy and hold investing with a focus on smaller multi-family properties. My wife and I purchased our first property last year; an older 3 family in a busy villa...
I'm a former banking lawyer, and former lawyer for the FDIC closed-bank division. I can tell you, from the inside, how banks evaluate short sale offers. Since then, I've successfully negotiated many short sales to buy...
I have brought this up on other boards, but I still am not sure of the answer. I am a landlord who has acquired some fix up properties which I will lease to tenants. I have not yet made any of the houses rent ready....
Hi Everyone, I hope you are having a wonderful day. Is it worth it to allow pets for rental properties to increase the amount of potential tenants or should I reduce risk of property damage/loud animals and not allow ...
I have a potential tenant, single mother who plans to run her daycare business at our rental property. She has up to 5 children on any given day all under the age of 4yrs old. What are the pros vs. cons?
I recently purchased a rental investment property in Dearborn Michigan for $70k and rented it for $900/month.If I had gotten a 30 years loan on this property with %20 down, it would give me $250/month cash flow. (afte...
Hello, I'm looking at purchasing a piece of property in the Columbus area this week.I live in NJ so I wanted to get insight into the area and hear from local people on the market and see what you think of my deal. The...
Wondering if others have had any mental blocks when making offers on their first property or buying their first property in general.What were they and how did you overcome them?
I needed a cash infusion into my REI business so I began looking for a Fix-n-Flip opportunity. I found a wonderful 4/2 foreclosure with a private pool in Orlando that needed quite a bit of TLC. When I first walked in...
Hello beautiful people of BP,I'm set to close on some townhouses this Friday. These townhouses, and many more, are no longer part of an HOA. It has since become defunct.There is a pretty decent clubhouse at the entran...