Eric D.
Seeking angles on a NJ buy and hold strategy
I live in Maplewood, NJ and did buy and holds in the past year - I own a 2-family in Maplewood and a 3-family in West Orange. I bought both off the MLS with conventional 30 year loans and 25% down. I find, however, th...
Ahmed Elias
Is Negative Cash on Cash ROI considered a good investment ?
Hi BP Community I am a newbie investor and trying to invest in the Mid West with the hope to generate positive cash flow. Since this is my first investment I am trying to play it a little safe. My concern is that I am...
Jonathan Sowinski
Buying Occupied Apt. (w/ poorly trained tenants) & Raising Rent
The property in question is 8 units and has been poorly managed; they don’t collect the rents on time and sometimes not at all (so I have been told by seller) and have a lot of deferred maintenance and offer below mar...
Account Closed
Just bought my first rental property - Should I do STR/MTR/LTR?
Just bought my first rental property (1 bedroom condo) in the Walnut Creek, California area (SF Bay Area).I bought it all cash so I don't have any holding costs other than HOA, and property taxes.At this point, I'm no...
David Smith
States with no income tax
Like Texas, Florida You get bigger returns when analyzing two deals with same cap rate with one in FL the other in NY? Right?
Charles Hyatt
Cabinet recommendation for middle end rental
1,400 sqft, 3/2, $1,500 rent - Replace kitchen cabinets and countertopMy first quote on cabinets came in at $4,800 (just materials). Believe the manufacturer was Omega and the quality is pretty good, maple with self ...
Account Closed
Receiving calls after first direct mail campaign -- No idea what to say or how to qualify leads
Hi everyone,I just sent out my first direct mail campaign last week, and I've started to receive phone calls. I'm using a questionnaire I downloaded from the resources page as a script to help guide the conversation ...
Mark Ferguson
Rental number 8 purchased.
Monday I finally closed on rental number 8. I had signed the closing docs and everything two weeks ago, but the title company jumped the gun and the seller ( Fannie Mae) had not approved docs yet. They rescinded t...
Spencer Fry
4-Plex- High price but significant value adds
I have a 4-plex I'm currently looking at potentially trying to buy. The area I live in is a high summertime tourist area. As it stands, the numbers do not work to purchase the property at current asking price. Now the...
Joel S.
New Western Acquisitions (NWA) Review
After searching for a real estate agent in Houston on Biggerpockets I keep getting responses from people from New Western Acquisitions. My understanding is that they work in Houston and Dallas. Has anyone worked wit...