One of my properties is a rental property in Philadelphia, PA. I also have an LLC, but this property is not owned by the LLC (separate discussion). I currently have the property management, rental licenses, all under...
Hey there BP - Hoping to get some advice and insight from your collective wisdom. I've acquired a few properties now using a private lender. We were discussing that in the next couple of years that we'd like to look a...
How do you folks structure everything when you have a passive investor invest money to get into a deal? I've read about this, and had relatives with money come up to me, and basically ask me to be their work horse t...
Hi folks. New to the site and new to real estate investing (although I just finished with The Book on Rental Property Investing).My uncle (age 57) and I (age 48) want to start investing in residential single-family r...
This deal is unique. I am a mortgage lender myself. Anything traditional residential or commercial will not work for this property. The reason is, there is no deed to this cabin. How the association is structured, the...
Hi BP,Wanted to get some feedback on this forum. I was in active negotiation with a Seller for a duplex property in Portland, OR. The Seller misrepresented the operating expenses for the duplex during the course of th...
I have a great deal but i don't have much capital on hand. are these deals typical or not at all ?
If I uncover a big deal that's beyond my personal financial capability, what are some specific, safe, legal, and minimal-cost tactics to use against the seller/owner to secure my deal while I investor/partner sh...
Hi,A few years ago I purchased a 7 unit building with seller carrying the mortgage with 2% interest for 3 years that ends with a balloon The price was $310,000 and I put down $30,000. I made a mistake of not getting a...
So my wife and I live in Oceanside, CA and are about to close on our first rental property in Cleveland, OH. The property currently has a tenant on lease until next month. Upon closing tomorrow we will talk to the ten...