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Hi all, I’m new to BP and am looking for some advice investing in multi family properties in the Hudson Valley NY. I have cash to invest but I could burn through $200k fast in 25% down payments so the Brrrr concept wo...
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@J Scott had some questions concerning this on another thread. Did a search on the internet and found a memo from NAR concerning this issue. Seems like there were court decisions in numerous states. I was a licensed a...
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I've been using Cozy.com for rent collection (11 office/retail suites and 15 residential units) but it's a little clunky and some tenants are challenged using it. Would love some recommendations for electronic rent ...
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I have read in the past of individuals interested in investing in Puerto Rico due to its current affordability. I am curious as to the opinions of others on this topic. My personal opinion is I would not invest in Pue...
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My new tenants have moved in now as of one week ago. They are both older, have a hard time walking around, both morbidly obese, and the male is recovering from heart surgery.
Prior to them moving in, my daughter a...
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I have just decided to get into real estate investing . I am a retired engineer, 37 years at Boeing. I thought that acting as a private lender would be a good place to start. I have high six figures in saving current...
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Please assist....I have a drug dealer for a tenant. I actually saw the person dealing. My immediate reaction was to call the police and evict him. Then...several things came to my mind.
a) If I have him arrested,...
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This question was inspired by the discussion entitled "Caught Tenant Smoking Weed" started by @Faisal Farnas. As marijuana becomes legal in more U.S. states, many landlords and homeowners will find themselves facing t...
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So bear with me - I'm no expert and am simply trying to help instruct others but also educate myself if I'm incorrect on what I know. I've been reading up today on a bunch of forums including this one and see WILDLY v...
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“Conservative underwriting is dead.”
Rob Beardsley brings up a great point. It’s extremely difficult to be an active real estate investor in this market if you are using extremely conservative underwriting technique...