David Pryce
My first forum post!
5 December 2020 | 15 replies
I'm an active duty Marine and a newbie investor who is still in the learning phase but I'm on the look out for my first deal.
Diamari Smith
Starter home or investment duplex?
5 December 2020 | 2 replies
Hi, I am looking into real estate, I’m 24 years old and I’m in the military and I have a degree in Respiratory therapy.
Tyler Murphy
Aspiring to purchase first rental property!
9 December 2020 | 22 replies
I’m Active Duty military and I’m ready to grind to find my first rental property.
Stuart Grazier
Military Investors - Uncover Your Secret Identity
12 December 2020 | 7 replies
Military Investors - I wanted to post more of a piece of advice with hopes it would generate some discussion.
Cory Sparks
What information do I need to get before buying a commercial prop
4 December 2020 | 3 replies
There's a few phases - For info for buying, you'll need Leases and terms, breakdown of costs (what is tenants responsibilities and what is landlords), breakdown of CAM (Common Area Maintenance), each units price per square foot, tenants revenue to rent ratioOnce you go into due diligence, you'll need balance sheets, surveys, P&L, and tenants' sales reports for two years. lease docs and amendments including any statement regarding oral agreements, tenant estoppel agreeing with what you've been given, any open permits or zoning issues, environmental reports (don't want to find out later an old gas station or laundromat was there before), owners current budget, a complete list of all property stating who owns what and who is responsible for the care.
Jacob Simpson
Just Starting in Tennessee
4 December 2020 | 0 replies
Still in the learning phase right now, listening to BP Podcasts, reading articles, etc.
Alicia Harrington
Real estate investing OOS
7 December 2020 | 3 replies
The other option is to introduce the full increase at the end of the tenant's current lease and hope they leave without any issues.Typically we will do lease audits on tenants during the due diligence phase of the buying process.
Sharon Li
2/5 Year Rule Primary Residence Converted to Rental
13 December 2020 | 6 replies
I purchased my house as a primary residence back in July 2017, lived there for just over two years (until Sep 2019), then moved out due to military re-assignment.
Robert D Wade III
I’m about to be homeless. I Don’t know what to do.
13 December 2020 | 14 replies
It took a while and it was a hard road, but it looked something like this:Work+graduate HS>military service>work+go to college>get better jobs>save money>buy real estate>about to retire early.
Account Closed
How can I get funding as a startup?
8 December 2020 | 3 replies
We are tired of being in the research phase.