I just received the results from the occupancy inspection of my triplex in Houston. The most significant issue noted is a requirement that "...heating facilities capable of maintaining a room temperature of 70 degree...
Hi guys,Thanks a lot for sharing amazing information on this site. I couldn't have asked for a better mentor than you guys.I have been thinking of buying my first rental property. I have been based in NJ, hence invest...
Hi All,
My parents are retired and currently live in south texas. They have a 1st mortgage with a balance of $60K. The home is currently worth $190K. Their interest rate on the current loan is 7.5%. Since they are o...
I am in contact with an insurance brokerage that provides insurance products to doctors just out of medical school and also helps them to negotiate job offers. Later on, they will sell them financial planning. They wo...
Hi BP Experts!I recently sold a home in California for $855k, rolling $236k into a 1031 Exchange. I bought a prelacement SFR for $555K, with ~$140k. This leaves me with ~$94k in the account and the need to purchase a ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $225,000
We rented the home for about 5 years, but in year 3 we took a lease option to purchase and executed the option...
If I purchase a property from a wholesaler and they did a double close, does it increase my closing fees in any way or there should not be a difference in closing fees than if it were not a double close transaction?
We are rookies, who just listed our first rental. Only listed on one site, we had almost 15 people submit an application (with background checks and proof of income), and over 50 request a showing, in 24 hours. My que...
I'm an OOS investor looking at a property in Indianapolis. Based on my deal analysis the numbers look good, but one thing I am concerned about is an above ground pool with a built in deck in the backyard. Having a poo...
Hello, I'm in the market to buy my first real estate investment property. I've been looking at this one for a while. It's a quadruplex.The price is amazing for the area (Philadelphia). But the issue is that I'll be in...