So guys!I just had to write this to share with all of you.I have had a GREAT day. Normally we write here when we are confused, scared, or feel lost and need a life preserver tossed out way (I know I have). People on h...
Hi there, I rent rooms out in my house which I also live in.I recently had a new tenant move in as of April 28th.When tenants move in I usually have them sign a month-to-month lease right away or if not [conflicting s...
Hello BP,I am new to investing and am looking to start with multifamily properties in the Jersey City area for cash flow.Multifamily seemed easier to get cash flowing conditions than investing in SFHs in Jersey.I have...
I've reached the conclusion that I can't really learn anything further from just reading books and watching videos. The rest can really only be learned through "on the job training" I've got the fundamentals relativel...
Hi, I seek advice on here from all the experts regarding the question, MF apartments vs small commercial RE(thinking office space).?.My only experience is that I owned a townhouse rental 10 yrs ago and sold it a yea...
Hello BP,I just got word from my tenant that her gas/light bill was $500 this month! I know it has been cold this past month but I think that is way too high. I did go by to look at a few things last month and notice...
If you woke up tomorrow, and you were 22 again, but had to start all over with only $40k in your pocket, netting 30k/yr managing commercial real estate, without a degree, a spouse or children, what would you do? (By t...
Good morning everyone,I have a question regarding section 179 and if I would be able to deduct certain expenses against my income. My question is whether or not I can expense the full amount of my purchases against my...
I'm currently renovating a SFR for long term hold as a rental unit. I've noticed that the gas meter has been installed in the driveway where it could easily be damaged by any vehicle pulling in or out of the property...
I have been watching this one block for some time. It started with two foreclosures, there are now four. These are small 3 bed 1 bath homes. The prices have dropped to where they re now half what they started at. ...