Matthew Newman
Does buying this house in Los Angeles make sense?
My wife and I are first time home buyers in Los Angeles. We got married in July and we are looking to start a family in the next year. We are currently in Studio City paying only $1,400/month rent for our 1br apt an...
Jacob Barnhart
Is it really not possible to cash flow in the Los Angeles area?
First, it has always been my dream to be able to move my family out to Santa Monica. Our family has always loved the area. Which is why it concerns me when I read how its impossible to cash flow in that given area.I'v...
John H.
Tenant question from inexperienced landlord.
I rented a small house to my daughter and niece at a reduced rate of 800 in Ma. A month later niece’s boyfriend moves in. Within a few months house is full of drama and they aren’t getting along. I move daughter o...
Marta K.
Investing in Union City/Bayonne NJ
Hello dear BP members! I am looking to buy a multifamily property in North NJ and have been looking for a good town to invest in. Recently I have been analyzing deals in Bayonne and Union City NJ. Does anyone invest i...
Christopher Kelly
Looking for advice on selling vs. continuing to rent
Hello,
A little backstory on my situation. I inherited a fully paid off single family rental property in 2019. At that time, we decided to leave it as is and continue to rent to the long term tenant. He passed last m...
Gregory Saysset
Should I sell or rent my house.
I currently own my home in California and purchased our first rental property in Alabama a couple of months ago.
We are planning on leaving California in July of 2024 as the cost of leaving here is getting crazy and...
Jeromy Jordan
Would you overpay? Is there a such thing as "over paying"?
Would you overpay for a deal? Most offers I put in for a deal(on market and off market) does not get accepted and that is ok with me. The first thing an Agent or wholesaler tells me is "You don't know the market" "i...
Mike Bean
Negative Cash Flow on House Hack
Hi BP! Looking for advice on my first deal. I'm going to be using an FHA loan for my first deal which will obviously require PMI on top of my reserves for vacancy, repairs, and CapEx. I'm wondering how many or if any ...
Lincoln Waite
Paying utilities on a Multi-Family and it's eating all of my cash flow. (Iowa)
New investor here. My first property was a multi-family in Iowa. I got it for dirt cheap, and now I see why. The former owner (LLC) was rather lacking on upkeep of the units. And now after a year, the utilities are ea...
Parney Willson
Buying condo with rent stabilized occupant
In New York City, I have seen foreclosed condos under market, but have rent stabilized tenants paying about $800 or similarly ridiculously low rents. My question is if were to buy such a property, what are my rights a...