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I hope I'm doing this correctly. Thank you in advance.
3-unit apartment complex
Asking Price = $119,500 (I easily understand that this is way too high)
Total Monthly Rents = $1,235
Using the 2% rule, I would need ...
Hi, I had a tenant move in a month ago and already she wants to end her lease a year early, she signed a two year lease until june 2015.She claims she and her boyfriend want to buy a home and wants to end her lease in...
One of the tenants in my Triplex consistently pays rent late each month, the latest date paid so far has been the 11th of the month, the tenant adds to the fire by being impossible to reach, doesn't respond to calls o...
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Hello fellow BP members! I am a young aspiring agent/investor and want to get started in the business first as an agent. I was concerned at first reading that the median income for a real estate agent was roughly 39k ...
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How did you find your CPA or tax professional?
If you haven't yet found a CPA or tax professional to help you save on your tax bill each year, would you want BP to help recommend a tax professional for you? We're ...
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Okay, so I have a couple that lives in my 4 plex that have been an absolute nightmare. So far they have consistently paid late and have been a nuisance with their dog (dogs) barking and making noise. They got on a one...
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WOW, it is crazy how divided articles, economist, housing experts and the media are so split on this TOPIC? I am seeing people that I know or follow that study data say "it is a buyers market". I am also seeing arti...
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I'm one year into being a landlord, and I loved it for about the first six months--in spite of numerous challenges. I could handle it! My motto was "Nothing's gonna stop this cowgirl!" I rode high in that saddle.But t...
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Last week, I closed on a triplex and my portfolio hit 25 units, and I wanted to share what I've learned in the hope that it may help some investors who are starting out (both young and old). This deal:Purchase Price: ...
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Hello everyone,I'm a real estate agent from New York. I work equally with buyers and sellers. This past month a past rental customer called me and said she was looking to buy a house. She proceeded to tell me that s...