good afternoon! i am a fellow real estate rookie and have been interested for a very long time. My wife and I are in the process of buying another home, and we are going to rent out our current house we have now. Base...
Hi BP friends,I am having some problems trying to identify whether to sell or keep my condo and would appreciate your expert help. I originally planned for keeping this condo as a college fund or downpayment house for...
I found a "perfect" starter deal in Queens, NY during December 2019. This deal had beginner written all over it - nearly guaranteed profit, simple labor, no major city violations, initially found by a trusted wholesal...
Any thoughts on the numbers here please let me know. Rents are very low. A widow has owned an managed it herself for 10yrs and hasn't raised the rents in about 5yrs.Ok here is the deal:All brick 11,100 sq ft 10 unit1...
I am an active developer of both residential and commercial properties overseas, and I am currently under contract to purchase my first property in the US. It is a multi tenant retail property anchored by a discount ...
My tenants 1 year lease ended but I noticed 4 dents on the brand new stainless fridge (1 year old). 2 on the side due to a door banging on it repeatedly and 2 on the front. The panels cannot be changed. Can I deduct a...
This post will probably make a few if not a lot of folks mad but I figured why not mention realities of investing in real estate. My Opinion: Most investors over time will have marginal results at best when they inves...
I'll be closing on my 6-plex in the next couple of weeks, so I'm starting to plan out my remodel for the 2 vacant/semi-gutted units. I need to do flooring, cabinets, bathroom, wall repair and paint. My goal for this p...
How would you start investing if you and your wife had $100,000 to invest in SoCal? Note: she wants a yard for the dog and a decent neighborhood for primary residence. We're open to moving and/or purchasing out of sta...
Hi, I've listened to some episodes of the Landlord Diary, and many hosts mention that when they do rental arbitrage, they price their properties at 2 to 2.5 times the base rent. This seems unrealistic to me. After che...