The question: I would like to know if there is an acceptable exception to the "cash flow is king rule". I am in full agreement that a positive cash flow is a very important goal, due to the fact it insulates you from ...
Looking for some insights into what all that would entail, its currently run as a motel (21 doors) but would make a potentially great multi-family property. I know zoning would play a part, looking for someone whos do...
Good Evening fellow BP members,I am scheduled to take my NY State RE exam in the next couple of weeks. I debated for a while on whether or not to get my license but the pros outweighed the cons. I am hoping to; earn e...
Thanks for the add!I have a very interesting, very sad story. It might take a bit to read. No offense taken if you stop halfway thru.I have been out of REI for about 10 years. For 6 years, that was what I did for a...
Hello all,My name is Aditya and I flip houses in Los Angeles. I am currently looking at a duplex property in Burbank, CA to buy for myself. I will fix it up to essentially live in one and rent the other half. I need ...
Hello BP colleagues,Let me begin by stating that I am aware that this type of topic should be discussed with a real estate attorney before decisions are made, but I want some early guidance to further my research befo...
So here is my business plan: 1. Find a motivated REALTOR that has a house that he/she is having trouble selling.2. Have the realtor pitch the idea of a rent to own to the seller.3. Then as the investor, sign a lease p...
Hello everyone I am a new investor in the Chicagoland area, and have a question about acquiring my first property. I’ve met with an attorney to create a LLC for a wholesaling operation, but I know that it becomes tric...
Hello all!
My name is Allan Doyle. Last summer I renewed my interest in REI and attended some seminars and promptly got deployed to AFG. While here I have been reading as much as I can, and analyzing properti...
Im booked via airbnb well into oct, nov.... what happens if i want to sell my cabin in coming months? Are these able to transfer to new owner?