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I own a rental property in a town 3,000+ miles from where I live. I have never seen it in person and obviously have not met the tenants in person. In a few weeks I will be in town visiting family. Should I go intro...
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Hey Guys!Currently saving all I can in order to get started. I live in New York and this is where I would like to invest - however we all know NYC is expensive but I'm pretty sure it is possible to be successful in NY...
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Hello,First of all, I am new here; thank you all for being part of this community.I have recently started my journey in real estate. I am committed to buying a small multifamily property (duplex or triplex) in/around ...
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Does anyone have a recommendation for establishments that will open a Heloc on a rental. I have checked with a few places and they are only doing Heloc on the primary occupied residence. We are not in a rush , just tr...
Hi, I’m filling out applications for hard money loans today. No one has seemed to make this simple out of all I have read. There are lots of people buying $20k homes and rehabbing from what I see. Which hard money ...
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Statistics show that there is big business in high-end home flipping. Who is breaking the misconceptions about flipping houses? What are they doing differently? How can more individual investors reap multi-million dol...
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Hey BP,I ran into a scenario where a tenant is moving out of his unit from now until the end of August. It is a three bedroom apartment so there will still be two other tenants in the unit paying the rent they agreed ...
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Hello everyone,I am trying to figure out how to depreciate my rental property. Any help would be greatly appreciated!Here's the details. We bought the condo in 2006 (towards the height of the bubble..) for around 180...
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I know some of you have some experience dealing with these situations so figured I'd put this out there. The Situation is that a former co-worker passed away last week. According to his son he was about $8000 behind i...
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Hi,I am looking to make an offer on a duplex. The property has 3/1 and 2/1 Unit. The units are already on rent for $1550 and $1500 each.The rents appear to be lower than market value so this seems like an opportunity ...