Hi Everyone,I understand that the 50% rule is basically, in MF, is the general rule for expenses which includes vacancy, management, trash, etc. But is it taken from the actually income or potential income or potenti...
Have you bought at auction before? Have you researched the property for liens? I have not. I understand I only want propertys with a single lien, so I do not end up paying someone elses debt. Simple enough. I hav...
I am a newbie investor from CA and have 2 property payoff in CA with really low ROI (around 3% net), recently I plan to sell my current rental properties which worth more than 2M in total into cash and start to invest...
I have a rather broad question. I had a conversation recently regarding buy and hold, single family, rental strategies. The individual I was speaking with was adamant that one should always leverage as much as possib...
Hey! my name is Zack, I'm 28 years old and live in Farmingdale, NY (Long Island). I'm fortunate enough to be living at home rent free and have managed to pay off all my debt! I'm a newbie real estate investor. So I si...
Hello all,I just looked at my profile and realized it's been nearly 2 years since I've joined the BP community! It's crazy how quick the time goes when you're focused on your goals. When I first joined BP, I filled ou...
Hello everyone, Im Christopher Vincent and I am a family man who is passionate about giving back and adding value to others. That is also why I got into real estate. I want to give my children the life they deserve an...
Hello all - Okay so first a short summary...My current job (which is in no way real estate related) is probably going to end within the next 6-8 months. My wife, who has been a stay at home mom for the past year, is ...
I am an accredited investor in Huntington, NY looking to lay the groundwork to kick my wealth building into higher gear. I don't currently have a team. Up until this time, I have not needed a lawyer and I've always ...
My wife and I rent our home while she is completing residency. Our landlords are experiencing a change in circumstances and need to sell the home. We will not qualify for conventional financing with nearly $500k in ...