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25 January 2025 | 5 replies
Couple is divorcing, husband wants to keep the property; wants ex-wife's name off of property/loan.
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27 January 2025 | 14 replies
What may the property be worth then and how much cashflow might it be generating?
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29 December 2024 | 2 replies
Excited to join the BP community.About myself - I am a principal of a RE development company and co-founder of an proptech company.
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22 January 2025 | 5 replies
., mortgage interest, taxes, repairs, depreciation) on Schedule E starting when the property is placed in service.
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22 January 2025 | 0 replies
Purchase price: $170,000 Cash invested: $30,000 This is an international short-term rental property on a Greek isle.
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23 January 2025 | 14 replies
I see people purchasing new STR's here and others dumping their properties or converting into LTR's.
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19 January 2025 | 2 replies
Hey John,I work with several different property managers, which I refer to for my clients (I'm an investor friendly agent over here).
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26 January 2025 | 15 replies
Here are a few strategies to consider for funding a down payment:Partnering: Like Gregory mentioned, finding a partner who can contribute to the down payment in exchange for equity or a profit share is a solid option.HELOC or Cash-Out Refi: If you have equity in your home or another property, a home equity line of credit (HELOC) or cash-out refinance can provide the funds you need.Private Money: Reach out to friends, family, or private investors who may be interested in lending you the down payment with a promissory note.Seller Second: In some cases, the seller might agree to finance a portion of the down payment as a second mortgage.Live Frugally and Save: It takes time, but reducing expenses and setting aside funds from your income is a tried-and-true method.The right approach depends on your situation and deal structure, but a mix of creativity and resourcefulness can go a long way.
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10 February 2025 | 22 replies
Why are you communicating with the tenants if you have a property manager?
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14 January 2025 | 5 replies
I recently bought a commercial condo (retail) and have been going through hoops with the seller (developer) to make changes to make the space ADA compliant.