I've been looking at a bunch of 2-4 units and keep seeing vacancies and tenants paying low rent... but brokers keep throwing out the the "projected income" number in my face (even when the units have been vacant for 7...
Hello All,I'm a noob in this industry, so all I really have to share is that I have my eyes completely peeled and my ears entirely open. I have little money to my name (and I am not one to get things handed to me eith...
I was looking for some advice/comments on a couple of questions that I had...
-I am looking at hopefully purchasing my first owner occupied multifamily this year and was looking at using FHA financing but I have to w...
Hi all. I'm wondering if anyone has experience using an online legal service to form an LLC in NY? My husband, son and I are just getting started in the REI world and would like to form an LLC. We met with an attorney...
I have been searching for my first property day in and day out for about two months now, and with the market being incredibly competitive where I live, I managed to get approved for a perfect flip house by the blood b...
Any experience with these? Looks good on paper:- owner retains legal title to property -so protected against buyer's default-- buyer pays for property taxes, insurance and maintenance (kinda "triple-net'" on residenti...
Hello all Bigger Pockets Friends, I have a question about a possible fraud/Scam. About 6 months ago my property manager received many calls about my investment property inquiring if the property was still for sale whe...
Hi. After I closed on my new 5-unit property this past december, I had to replace two heaters that were at their end of life and malfunctioning. The total cost was $9,900. I just realized that the HVAC company did ...
I just got home from work and checked out today's mail. I received a letter from an attorney regarding a tenant that has been with me for a year, to the date actually. The attorney is asking me to fill out a 3 questio...
I’m considering a fixer upper property in North Dallas. The property has been on the market for more than a year, and the property is currently listed at around 250k. Im relatively new, and would greatly appreciate so...