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Low income areas NYC
Does anyone know where the best low income area to invest in right now near NYC.I've been looking at Newark, Jersey City, and also outside of Philadelphia.Any exact neighborhoods coming up in those areas that anyone k...
Sharon Tzib
Expert Advice - What Evaluation Rules Do You Use
Which evaluation rules do you use to quickly assess a multi-family's (2-4 units) suitability for a closer look? It seems to me the 50% and 2% rules wouldn't be applicable because of the multiple unit factors for some ...
Sohrab Khosravi
Do we have any option to ask a tenant to leave early?
Hi,I have a very motivated seller in Richmond (Houston) TX that I am working with and I think I can get the property for a very good price. The problem is this house is not good for rental and is for primary resident ...
Michael Win
What would be the next step?
Hi BP,I am closing on a million dollar property with 12 renters this week with 200k down. I should be able to get 50K a years in Free cash flow. I think its a good deal and hopefully in 2 yrs, all rent rates will b...
Aaron Cooper
Can you profit in vacation rentals?
I am a small real estate investor in Florida and I really only invest in small multifamily and single family homes. I am thinking about buy a vacation rental and I am wondering if anyone has had any success with vaca...
CL Ziegler
Do banks allow rent-to-own contracts with tenant?
Question about banking rules in Georgia:My realtor brought me something to look at today, a 3/2 brick home not on the MLS but the owner wants to sell out. The long term tenant in the house wants to buy but his credit ...
John Brinkos
MHP financing challenges
Under contract on two MHP package. One is >80% occupied with TOH. The other is >50% occupied with <10% TOH. We are having challenges finding a lender that will blanket the two or even accept the second park. ...
Michael Ramos
The Danger of Buying During a Pandemic?
Hello Everyone,
My name is Mike Ramos and I am a Newbie to Real Estate investing and I live out in the greater Los Angeles area, looking to Flip, BRRRR and do Vacation Rentals in Cali (especially SoCal), Nevada and A...
Jordan Shay
Private Money- Buy & Hold
Does it make sense to use private money for buy and holds? I want to invest in buy and holds and I don't want to use having no money as an excuse not to invest, but does it make sense to use private money for these? W...
Christopher Lynch
How to evaluate income property for house hacking
Hi all,I wanted to get some clarification on what rules you are using to evaluate a house hack. My goal is to buy a multi-unit property I can live in rent free. What metrics are you using? I have heard some people use...