I have carried the note on a piece of land for 2 years and the buyer has defaulted.. He has defaulted because of a $50,000 construction lien. We are getting a summary of judgment and the property will go through a tru...
Hello All,
Daryl Frazier from Central Texas here. I would love to have feedback, opinions, different strategies, etc. on a deal I'm currently working:
SFR
purchase price is $85,000
ARV is coming back @ $115,000
an...
Hi,SMLLC to flip homes. Say I make 30K in gains during a year flipping homes. 1. I decide to take 15K as my annual pay. Can I take the Pay at end of the year when I'm filing my taxes OR do I have to pay quarterly esti...
Does anyone have any suggestions for getting an FHA offer accepted in this extremely competitive market? I am trying to purchase a small multifamily property to house hack for my first home and I am finding that getti...
Hi again everyone,I have a tenant moving out in a few days and wanted to make sure I got all the essentials for move out day down. I will be there physically to collect the keys. Please let me know if there is anyth...
Hey everyone! I'm a newbie investor looking to get started with buy-n-hold rental properties in the Rockford area. I saw on a BP blog post that the area offers excellent cap rates so I am beginning to research the are...
So I am renting out my first property in Phoenix. It is a house I lived in for 6 years so after my wife and I were just married we naturally bought another home. The mortage and impounds come to $1175/month and the ar...
How does crowdfunding with IRR of say e.g. 15-20% 5-7 years compare to a rental property ? Can you please comment
Hello BP,I am working on a deal with a seller willing to owner finance a 6plex. As part of my terms, i am asking for 12 months interest only at first and then start paying off the loan to the seller with interest. The...
Hello BP,I'm just starting out in real estate investing and while I've been lurking on this site for a bit, I've yet to really join the discussion (or even sign up for an account). But now's the time and I'm glad I fo...