I purchased a property last summer in Mobile Alabama for $38,000. The deal was financed using hard money at 12% and the total loan was $65,000. After closing cost I received approximately $24,000 for repairs from the ...
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Guys, need some help evaluating my potential first property!As of now, the owner has agreed to settle on a purchase price of 52K. Now, I am trying evaluate the best way to finance. I am talking to two separate banks a...
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Can I file a file a complaint against a property manager to state commission/ state regulator while under contract and if there is any implication that PM can hold the rent and deposit till the investigation is over ?...
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So I have a house that I purchased from another landlord in April of 2015. I purchased the property for $17,600 but I currently owe $19,664 on the house. Well a few months after buying the house the tenants that I "in...
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Broke the lease but I’m letting them stay. Am I required to give them security deposit back???? ( they didn’t pay for 50 days on late rent but finally got it paid up )
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Hi there,Very new and ignorant to real estate but was somewhat dragged in without being prepared. Here's the situation.... I have a home that is currently being rehabbed and that I plan to sell next year sometime. I h...
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How have you chosen if you want to do a flip or rental? Do you typically decide before starting the project or after the house has been rehabbed? And is the type of rehabbing different depending on if it is a rental o...
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I have been interested in real estate investing, and as I am learning more, I am looking for strategies to use my retirement savings from a previous job as a down payment / investment funds for my first property (thro...
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Hello Fellow BP Investors,I just moved into the Bay Area, I have some experience in REI in the east coast and would like to get started and build a portfolio here in CA. I am interested in the Sacramento area and was...
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Husband and wife team here new to real estate investing. We are both currently in healthcare. We also own a photography studio/vintage furniture rental business. We are looking to get started in the OKC and immediate ...