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9 July 2013 | 6 replies
I am a recent graduate with a degree in business management and am extremely eager to learn.
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9 February 2014 | 15 replies
Much has been written here on BP about the Sub-2 and installment contracts, all have the due on sale clause as a common risk.
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7 July 2013 | 4 replies
My extremely untrained eye tells me that this property appears to be in okay condition but I won't know for sure until I have a walk through with a GC.
7 July 2013 | 6 replies
This most commonly would be achieved by getting the properties under contract to purchase with an inspection period, or working out some type of option to sell deal with the seller.I'm not a coach so I won't get into much more detail other than that.
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16 August 2013 | 4 replies
Yes this is nothing new to the big boys & girls out there, but new to me as I have only purchase new completed places.This is the current bus. model that worked on my building1-build/buy new & hold(unique duplex like SFR - thus hi quality tenants)2-cash flow-not great but good3-exit by selling as condos (30% higher value than the whole duplex structure)These are the rough number on one current duplex:-150K 0.4 acres land purchase for ONE duplex (an average - extremely hard to find)-300K Build and contractors fee-20K City utilities (can save here w/ tear down-Utililitie in place & easy to permit)-Appraised at 470KWith these numbers there is no deal/money to be made upfront unless the appraisal rises or the land price drops.
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6 April 2014 | 66 replies
It is not a SFH, I have to access the property for plenty of other reasons.I've had this tenant for 3 months now, where as I've been extremely active on my block for over 12 years.
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7 July 2013 | 7 replies
If the person has a common name it's more difficult.
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8 July 2013 | 9 replies
This is probably one of the largest factors in the "common" {mis}perception that low-flow toilets do not perform as well.
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10 July 2013 | 17 replies
California is extremely expensive.
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29 December 2013 | 10 replies
The HOA created hostility, extreme undue stress, financial problems, and even broke several serious county and state laws.