Hi everyone,My partner and I are in Canada and seriously exploring rental properties in the U.S. Before we go too far down this path, we are concerned with getting some general insights on legalities and taxes if we w...
Just looking for some general advice here. I just submitted an offer on a property in a neighborhood I know very well as I already have one really nice rental there. As a result, I was able to peg the ARV perfectly. W...
I just started my first major flip in Philadelphia, PA. I am trying to get some advice on what's the best way to handle asbestos testing on a full interior gut. Asbestos...I know...shriekkkkk. Anyways, please don't ov...
I can't believe I am "that guy", or in this case "that girl", who rehabbed a property before closing, smh!Please help me problem solve this situation. In sum, I intended to purchase the property in cash from a wholesa...
Hi BP Community,
I am currently looking into a 19-unit apartment complex in Chicago and after speaking with other investors, the term "preferred return" kept popping up. Can someone provide a simple example as to how...
I can't seem to find much information on this. I'm curious what you guys think. Is it a good idea to own more of the real estate business by having your own property management company to service your rentals?Ex. - St...
I recently evaluated a mentor agreement with a nationally recognized expert in SFH investing. Let me state upfront that mentoring and expensive courses are not something that I believe actually work, yet this program ...
After doing some digging around and speaking with several lenders, it seems that the normal guidelines for banks to fund an investment buy and hold property is a 25% down payment, plus 6 months worth of mortgage payme...
Hello BP! I've been grinding for the last several months, with two jobs, family crisis and a caregiver for my sister. My plate has been overloaded But, I love real estate and make time for it somehow every week. While...
I wanted to share my story...it's stories like this that kept me motivated and I hope it can do the same for those on the sidelines or those getting started.It's been 7 months and we are about nearly finished with the...