Hi All, My wife and I are looking to buy a house in Long Beach, NY and we are first time home buyers. Our plan is to buy a 2 family house and use the house hacking method to get started as RE investors. Currently we h...

Hello BP,So I have been putting the foot miles in recently in my attempt to find real estate opportunities before they hit the MLS (or become foreclosed). I have tracked down the owner of a 1,100 sqft cottage in my ar...

Hi all,Looking for suggestions on a 1.5 ton heat pump replacement for 900sf condo.  From my research (google), it seems I should be finding pricing close to the $3k range, but so far two quotes have come in ~$5,600, a...

I'm curious to see what people think about this idea for monthly cash flow. Everyone seems to think owning the land under the mobile home is the only way to go, but what about putting on a lot to avoid all the up fron...

While aiming to becoming a successful wholesaler, I want to tap in and find out what most buy and hold investors looks for in a potential rental property.  What formula is used to figure out numbers that will generate...

Hello everyone,I hope you are well. Due to the unfortunate coronavirus situation my husbands job is in jeopardy like so many other people's. We own 2 properties and if anything happens we will sell them to get more ca...

I have been learning about real estate investing for about 4 months now from books, social media, and podcasts. One thing I have noticed hasn't been covered and stresses me out is the actual process of closing on a de...

Hows it going guys

I have decided to get out of my current residence right now I bought a year ago , but I bought on a whim. I'm not in love with it and the market is super hot. I wouldn't be able to rent the pro...

Hello, I'm just starting out and looking to buy my first property. One of the things I haven't found an answer to is, should I maintain an "oh shit" fund? Meaning a fund to cover any unexpected cost that may arise a...

Hi All,My father owns a motel (located in WI) and lives on property and works. He is planning to move across the border to MN (much cheaper health insurance) and live in a house and step away from day to day activity....