Amongst the common misconceptions I see by posters on BP are that hard money loans are junior mortgages to fill the gap between institutional financing and down payment; that it is in lieu of down payment so the borrower can acquire a property with “no money down”, and that it is money borrowed to use for an earnest money deposit.

Quickbooks (for me) is not a useful tool for managing rental properties. 

The type (and location) matter a lot but as a general trend vacant Land sales have definitely been slowing down as of late.We have dozens of properties at a time up for sale across multiple states and we spend a healthy amount of money on our Dispo advertising.

The county is the second fastest-growing in the U.S. and the fastest in North Carolina.The zoning for the project is already approved, and with our captive audience of potential tenants, I’m confident that all units will be leased upon completion.I’m seeking advice on how to best structure this debt with a private investor or investors in the short term until the property is fully rented and long-term financing is secured.

To start, I’d like to ask you a question: What is more important, purchasing real estate where you can obtain 100% return of your capital through the BRRRR investment method but otherwise break even or even worse lose money or alternatively  leave some of your capital in the deal but earn a profit when the property is sold? 

We ended up shifting that profit to a property, along with our capital from cashflow, in Rosemont that was an absolute opportunity.

What steps should I be taking right now to prepare myself to buy my first investment property?

The California Apartment Association (CAA) is urging Governor Gavin Newsom to veto AB 2684, a bill that could lead to expensive air conditioning mandates for rental properties.

Very light repairs needed and turnkey property. 

Hello I am in my first year of investing and have a few rental properties now.