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25 April 2019 | 19 replies
Whats your goalTo buy and hold $800 per month pn that price is great up to $80k all inOr fix and flipYou can do a "white wash"Just clean it out remove all the crap and carpets etc basically giving next investor a clean slate and buy a little bit bigger property that migjt be easier to lend onAlso look for trust deed investors that take 1st positionHard money most of the time wants at least $50k
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9 January 2020 | 4 replies
Basically if the tenant is allowed to go thru a practicular door they can, if they have no reason to ever enter that door then the alarm can sound off.
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25 April 2019 | 1 reply
Hi,I've never hired a GC before. I've signed contractors with subs using an Independent Contractor Agreement that I got from a "guru" that seems pretty good. It includes a penalty clause for late finished.How can I fi...
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25 April 2019 | 1 reply
Does anyone have experience with offers that have a 1 or 2-year moratorium on interested payment, basically principle only?
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2 May 2019 | 27 replies
My last BRR (no refi) basically breaks-even, but added 55% equity to my balance sheet.
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27 April 2019 | 7 replies
If I'm understanding this method correctly you basically have to keep investing otherwise you're going to be stuck with a loan at 75% of the house for 30 years?
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21 October 2019 | 4 replies
Negotiated price basically by showing the seller the ARV and why we could not purchase it at the price he wanted.
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25 April 2019 | 1 reply
To be more specific, I'm in the Beaverton area, basically on the west side of PortlandAnyways, any help, or names of companies to followup with, or anything like that would be super appreciated.I know BP is known to have very active and helpful members so any advice on this topic would be much appreciated.
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26 April 2019 | 4 replies
If they meet your basic requirements but you failed to rent to them because you were holding out for someone better, it will look like you were holding out for someone whiter, or without kids, or not Jewish, or whatever.If you have two applications processed at the same time, it's justifiable to choose the "best" applicant but you need to ensure you can prove your decision objectively.The best, most professional policy is to have qualification standards and accept the first applicant that meets those standards.
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29 April 2019 | 5 replies
I am wondering if some of the basic principals of BRRRR can be applied to acquiring small businesses.