We are getting ready to close on a duplex at the end of January. Originally the listing agent told us the tenant in unit 1 wants to stay long term and they had an excellent prospective tenant for unit 2 that wants to...
Hello, I've been following the BiggerPockets thread for a week or so now and there is so much useful information and advice here. I'm 19 years old and still a student in college, but I'm eager to get started in Real E...
Hello BP,I have a question. I am interested in purchasing a turnkey rental out of my market and I'm looking at providers in cashflowing markets. I wanted to know how much in a cash reserve is recommended on these ty...
Okay so I have a bit of a rant here. Last year I did a JV deal with a guy I didnt know. He wanted to do a JV deal. After closing he decided that he wanted interest of 20% per year(because he didnt know me). Feeling li...
I need your experienced input on a duplex I am trying to close on and would like to add to my portfolio as an "buy and hold" property.The asking price for the duplex is 110k and the duplex needs about 15k in renovatio...
Hey, I'm extremely green to the whole real estate thing being only 20 years old but here's what I got going on. I'm living in a building in lockport New York area where there are two apartment units in the upstairs ar...
Underwater on a duplex in a depressed so. Cal area. Currently worth about 90k (and dropping). Owe 130K. Barely breaks even because market won't allow raise in rents. Appreciation is, of course, a distant pipe dream ri...
Hey everyone!
I've been reading this forum for roughly a month now, and there is a TON of useful information about real estate investing in general. However, I noticed that there weren't really any area specific pos...
I found this 24 unit located in a small NC town, about an hour from Raleigh, NC.Built in 1979, 24 units, all 2BR, 1 bath,located near major highway, near mall and near county hospital. Each unit has one extra room, wh...
I want to buy a 3-family in an LLC but can only get mortgage on personal loan.
I am getting conflicting advice from RE Lawyer and accountants.
ANy advice would help, esp. if you did this in New Jersey
* Can i buy in ...