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Wondering what some of you who have experience in the small-mid multi-family market would do with a fairly large amount of starting capital (>250k) considering down payments. Do you prefer going as low as possible ...
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Hello all! My father and I have recently decided to go into the flipping business. He is a 30+ year property insurance claims adjuster and I am a soon-to-be marketing graduate and real estate junkie.I have convinced h...
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I keep reading stories where people start off with a property per year, then I hear people purchasing a property every month. Between a person and their spouse, they can only have a max of 10 mortgages. So what do peo...
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Hello everyone,I have a rental property in which I am currently netting about a $-200/per month negative cash flow. Back story is that I got a job overseas and had to rent out my condo ASAP so that I am not stuck wit...
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I currently live in Long Island, NY. I'm a 21-year-old accountant, actively building on my real estate knowledge + saving for my first property. With home prices on Long Island being extremely high (Nassau County), I ...
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I have a situation that I could use some advice on. I just purchased a three flat in Chicago via an FHA loan so I need to move in. There is a month to month tenant in one of the units that I let know on April 28 that ...
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Hi BP, I've been flipping houses in Philly for nearly two years and I am coming up on my first year that I need to pay taxes on my gains. I recently met with my CPA to go through some of the best strategies to minimiz...
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What did you do that first got you into the real estate game? Because I was thinking about getting a deal that looked good and going to find a experience partner to help me get over the initial learning curve in real ...
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In 2021, I purchased 3 residential properties through a single land contract deal (2 SFHs and 1 Double). The sale was 121,400 @ 2.5% for 10 years. This breaks down my mortgage payment to be around 1,200 a month, with ...
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I believe there are 3 kinds of property managers. I have had good success with two kinds, and not so good or plain bad with the other. Without telling you which I list the types below1. Property management company w...