Eli Rollins
What's real estate again?
15 October 2018 | 35 replies
I'd walk by Gouda cheeses in the supermarket and think about Dutch girls and suddenly I'd be in an embarrassing situation.Duplex, SFR, managing opportunity, long-term gains, all that was totally lost on me.But I did learn how to talk to and live with women, and that's made a significant difference in my life.
Mike Loughry
Property Manager Recommendations in Daytona Beach and Fort Myers
25 October 2018 | 3 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
Eviano I.
Mississippi Investor Intro Post
16 October 2018 | 9 replies
Hi BP community,I'm relatively new to this online community and to active real estate investing in general.
Alicia Gates
Fair Housing-where to post for SFH and applications online?
13 October 2018 | 3 replies
We're getting ready to close on our first SFH next week, and we will have an inherited tenant. I'm reading the NOLO Every Landlord's Legal Guide, and it states that you have to post the Fair Housing Poster where ever ...
Jon Sheffield
D.C. recorder of deeds
14 October 2018 | 6 replies
All their info is essentially online in the public land records
Perry R.
Continue to hold or are there better options?
14 October 2018 | 2 replies
It is already a 1031 from another house we had in a sketchy area.Even if improved the return on the total equity for the cheaper two houses seems too low.
Theodore Arzt
Old criminal record
28 June 2022 | 13 replies
If this is a place that you can't afford to have totally trashed and fully rehabbed, say buh-bye to this tenant.
Gian Piero Bandieramonte
General Parnership and Inheritance Taxes
20 October 2018 | 5 replies
That would make a total exemption of $120k.
John Bucknum
partial owner financing
13 October 2018 | 0 replies
Probably something simple I am missing or the deal just doesn't make sense.3 condos, the owner has 14 out possible 48 in this complex and if the deal goes through may lead to more deals with her.the condos are 1/1, 2/1 and 2/2, she is asking 76k for the 2 2/1s and 64k for the one bedroom. total 216k, she would hold a second position note for 30k with me putting down the remainder of the 20% down (13,200) and pay closing costs. she would like 6 payments, one each year of 5200 for 6 years which comes out to 31200 total, about 1.5% interest rate if my calculations are correct.For simplicity, I am counting the 3 as a triplex, so rental income is 2325/month, tenants pay for electric and gas, HOA of 185(555) per pays for water, sewer and garbage as well as exterior and common area maintenance, snow removal, grass cutting, etc. taxes are 266 and insurance is 50 month (HO-6) policy which I hadn't heard of before.
Glenn Martin
What to do when you have excellent credit but cannot show income.
14 October 2018 | 14 replies
The other option is to do a non agency product, such 12 months average bank deposits or asset depletion or DSC (debt service concerage) where 90% of the rent covers your total monthly payment