Hi BP Community, My brother and I are looking for guidance from NY real estate attorneys and CPAs on the cleanest way to restructure ownership of our primary residence to establish equal 50/50 legal ownership without triggering unnecessary tax liabilities or transfer taxes. Property & Context: Lo...
Does anybody have a good experience with short-term rental financing in rural areas? Which are the best lending companies for Airbnb?
Hi everyone, My name is Griffin Malcolm, and I wanted to make a quick post offering to meet up or help anyone in their investment journeys. I am a licensed NYS Real Estate Salesperson with Empire Real Estate Firm, with $3.3 million closed and pending so far in 2026. I work with first-time buyers,...
Will be closing on our first LTR (started in RE with an STR last year) and am wondering who is using RentRedi and Baselane together and how? I'm horrible at bookkeeping and like the Baselane account details but hear it's not great for the tenant side. Thinking of having them pay rent through Rent...
Hi, My business partner and I are getting ready to cash out refinance one of our rental properties. I'm new to DSCR loans and I was wondering if anyone would be able to help? The property is a SFR. How long of a process does it normally take? What are rates typically? Who has the best loans/terms...
Hey Guys, I'm sure this is a widely talked about subject but I'm curious what types of loans you guys are using when refinancing out of a property that's in an LLC. Ive used HELOCS in the past before I started purchasing in my LLC but have run into feeling like my local credit unions are very con...
Curious how other landlords here handle something. I'd guess 90% of the texts I get from tenants are the same handful of questions. When's rent due, is parking included, when do I get my deposit back, stuff that's already in the lease, it's just easier for them to text me than dig it out themselv...
Hey everyone, I’m closing on my first duplex for 175,000 using an FHA loan. In Upstate New York. I’ll be living in one unit for at least a year, and once I move out and both units are rented, I’m projecting around 800 a month in cash flow. While I’m living there, I’m about 300 a month out of pock...
Has any private money lenders, specifically in New York, ever incorporated confession of judgment in their documents? I know it is not illegal to add but there’s a lot of nuances to it. I was just wondering others’ experience on it.
I'm in a red-hot market for industrial spaces right now. I understand real estate in general I don't understand the nuances of commercial/ industrial development which it appears more and more like that's what I'll need to do. I was wondering how people get these types of projects off the ground....
Hello BiggerPockets Community, I'm a newly licensed real estate salesperson. For the past decade, I've been immersed in automotive management, including 4 years as a Parts Manager where I oversaw operations contributing to a $300k monthly profit. This experience has given me a strong foundation i...
I bought a house last summer. Used attorney, title search was completed by local company (vanguard title), obtained title insurance for purchase price of $50k. I rehabbed house put $65k in to it and in the last week I was there December 2025, was notified there is a previous reverse mortgage on t...
Hey everyone, I’m closing on my first duplex for 175,000 using an FHA loan. In Upstate New York. I’ll be living in one unit for at least a year, and once I move out and both units are rented, I’m projecting around 800 a month in cash flow. While I’m living there, I’m about 300 a month out of pock...
I recently transferred my dual-use property into an LLC for liability protection. I have two units on the property, one has a long-term tenant, and one is my primary place, but I do ST rentals (Airbnb) as I travel a lot. My insurer, State Farm, told me I need commercial "Rental Dwelling" coverage...
I'm looking to flip or wholesale properties in Binghampton, NY. I'm already working with an agent and he may be able to secure a hard money loan as well as my own funds to purchase it. What are the best resources in terms of reading are there to educate myself in this process?
Hello! I own a few properties, including a mixed-use, and am interested in a potential purchase of another mixed-use in Upstate NY. Property generates some income via an STR and a commercial space, looking to put my small biz in part of the commercial space, and part of it you can live in. Space ...
I've reached verbal agreement with a seller at $650k on a 4-family in Orange County, NY (originally listed at $999k, sat 143+ days). If it appraises at or above $650k, I believe this is a solid first deal and a strong value-add opportunity: one vacant unit, one long-term tenant significantly unde...
It’s intriguing to witness the stark contrasts between markets at the moment. While many regions, particularly in Florida, Texas, and the Southeast, are focused on reducing prices and curbing demand, the Northeast operates on a completely different approach. According to the New York State realto...
My name is Cory Hall and I am entirely new to wholesaling, but I am ready to take this leap in my life. I don't know anyone in this realm. If there is anyone out there whose willing to help and guide me in the proper directions so that I can begin taking the steps to closing deals, it would be ap...
Hey BP, About to buy my first STR and I'd rather hear the hard truths now than at 2am in year one. Done the podcasts-and-spreadsheets homework; looking for what those don't tell you. The plan: large-format place (4+ BR, sleeps 10+, pool/hot tub), drive-to Northeast market, aimed at big groups and...