Hey Everyone,I am buying my first rental property soon (closing 1/30) and have a strange predicament. The property is an upstairs downstairs duplex with a tenant in the top unit. The top unit was rehabbed prior to the...
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A friend of a friend recently told me they would be willing to sell their campground. They would sell it for $12.5 Million but the deal still works out to be a 5.23% cap rate at $14 Million. Has anyone ever wholesal...
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[loose definitions - 'small' being mom & pop shop managing less than 100 units. 'big' being anything bigger with staff, software, typically managing no less than 400 units.]What has your experience been with your ...
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Well first I like to say i am very glad i found this site. Sooo much great information to learn. I'm new to real estate investing but, have read many books and try to soak up as much info as i can. I want to take ...
Hello BP,I have worked with contractors in the past and it did not turn out well. Both times the work was poor quality and I had to pay to get properties re done. Also, they had lack of knowledge on permit requirement...
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My first floor tenant is complaining about excessive noise from the second floor tenants children. Second floor has 3 young boys from 18 months to 6 years old. 2nd floor claims its normal noise and all kids are in bed...
Hello, I live in NY but open to any area of the country. What is the best area to invest 100k in capital in income producing properties? I know this is a open ended question, but where do you see the best returns?
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Just got a call from my tenant that gave their 30 days notice .She wants to meet me tomorrow at noon for her final walk thru . Now she says she wont give me the keys until I give her security deposit in full ., then a...
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Hi Everyone!Many of us are aware at how 'instantly' hot Brooklyn NY became over the last several years - But not all areas of Brooklyn enjoyed as much appreciation as others. One really needed to have a good feel for...
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BP Family - Soon I’ll be in the market for a commercial loan. I’ll be buying a 5-20 unit apartment building. I am a residential real estate agent, so I have a lot of experience talking with residential lenders abou...