Hello,My name is Nathan Herring, I currently live in Brooklyn, NY. I grew up in Mississippi where my parents had several rental houses. Naturally I was the one that they sent to do a lot of the regular maintenance and...

Hi All,  OK so I'm a first time home buyer, I have couple of 3-plexes on my list and need to make up my mind now.  I'll be an OO landlord.  I thought that up to 4-plex I could use conventional loan with 5% down.  My m...

what are your thoughts on the 15.00 hr minimum wage increase how will it affect your business positive or negative thanks for the responses 

Hello BP, I'm looking for some advice on the best approach to getting this property. Breakdown of the numbers- 5plex 3 2bd/1ba 2 1bd/1ba (Completely renovated and turn key with appliances and w/d)Asking $365K (I'm pre...

Hi - I am looking to buy a condo or coop in central or norther NJ, to rent to working professionals or small families. I'm looking for newer construction, $200-350k range. I'm not sure what towns to start with, any re...

For those of you that have experienced it what happens to rentals in a crash? I would imagine investors who mainly have rentals would fare better then those flipping. I'm always looking to plan for the worst. If you c...

Has anyone used or heard of Investability.com?It is a site used to search for investment properties and analyze if it is a good deal. It will show you cap rate, cash flow, etc. Just wondering if anyone has used it and...

Has anyone done an extension on an open ended loan?  I am familiar with the concept, but not so much with the nuts and bolts of how to get it done.  I believe there needs to be a new note and security instrument.  Not...

My name is Gage Ealey, I am 22yrs old. I am currently finishing the final semester of my undergraduate degree in Electrical Engineering. I come from a working class family. Growing up I always knew I didn’t want to wo...

Hello all - I am looking to buy a 5-unit at 225k with 2k a month aggregate rental income.  1 unit is vacant.  The area is solid and is recently has been experience a hot streak.  My first single family rental was acro...