Hello BP! Today my offer was accepted for a quad. It’s my first REI deal! All units are tenant occupied and the rents cover my estimated mortgage and maintenance fees and that‘s with me living there rent free! I’m sup...
I am closing on our first long term rental. Any tips or rules to have in place is greatly appreciated!
So my dear old Dad just passed away and left me some money. rip.. My wife was taking care of him and now needs a job. I'm considering buying a rental property to generate income and keep my wife employed managing the...
Hey, I am starting too look at investing in the Twin Cities as I am from here and don't have a desire to start long-distance investing yet. Considering the past few months in the cities, the neighborhoods near downtow...
So many lenders will not touch a small deal. Could this be a remedy and if not why not?
1. Assume there are 10 investors in the City X who purchased with their own money 10 properties. Each property has ARV significa...
I have an opportunity to invest in a real estate related opportunity, but instead of being backed by any hard assets, such as the property, the borrower has agreed to personally guarantee the loan. I know this individ...
Triple Net investments have gained a lot of popularity in the last 18 months and for good reason. There are lots of advantages that Triple Net investments have over other asset types, however, not every investment is ...
Well, no, the fed cut the fed funds rate which is the rate that big banks lend money to each overnight. Therefore, the Fed decides what the shortest-term loan cost will be. The market decides what every other interes...
Hello BP,I have a fourplex in Tucson that I bought a couple years ago now. I’ve been renovating it and am almost done. I asked my CPA about bonus depreciation and doing a Cost Seg study on the property so I could get ...