I am on the threshold of needing to raise large quantities of money (large is relative, so I'm talking in the 500k-1.5M). My plan is to offer investments in three ways:1) first mortgage of the full amount2) second mor...
OK, we are looking at a property and contacted an agent (our usual agent was unavailable for 2 weeks) and we looked at it. Drafted up the offer using the new agent and in the contact package is the section shown here...
As I understand it, house hacking would traditionally mean living in one unit of a multi unit property for at least a year and that would allow you to rent out the remaining units and then the unit you would live in a...
Hey BP folks - I'm a new investor and need some help getting over the challenge of getting deal number one.While there's a ton written about due diligence check lists / process, I'd like some advice on pre-LOI diligen...
I have my eye on an older property (1920s), and after touring the place it became evident that a two-story ADU was built and connected to the original structure. I'm not sure when the ADU was built, but I looked on th...
Hello all.I’m brand new to the STR scene and hoping to get some advice. I have experience in remodeling and construction so fairly familiar with markets. I am wondering if it would be smart to invest in a coaching cou...
What’s up everyone - Part time investor coming out of Bayonne, NJ. First post here as I am fairly new to BP! Looking for some advice and good insight.
I recently put a 2FAM under contract with the sole purpose to con...
If and when the time comes, I know many of said it is best to setup an LLC for the property you intend to purchase ("123 Main Street LLC") for a variety of legal/financial reasons. I also know in general, Delaware off...
So my question is, when do I stop charging my tenant a daily late fee charge if he has already paid most of rent but maybe still owes $100 for that month? I have a renter who usually is about a week or two late with ...
So my wife and I came up with this kooky idea to build a cottage in the backyard in which we'd live so we can rent out our main house. The main house is 2br/1ba 970sqft. The cottage is 250sqft.
We're not quit...