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Greetings BP. My name is Justin and I am currently living/stationed in Honolulu, but will be returning to Chicago in a little over a year and a half. As far as experience I have attend/ed (work permitting) local RE...
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I am in early stages of looking at this off market deal. 24 unit apartment building. Sellers is asking 1million and provided the numbers below.
Below the income numbers they ran some numbers for financing at the fu...
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Would like some feedback from lenders for a tough situation here in California.Background: 1) Flipper borrowed $ from HML (1st position)2) We provided gap funding (2nd position), terms are to be paid upon sale3) Flipp...
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I've heard on biggerpockets podcast hosts suggest you to keep on searching for Credit solutions, even after one bank has declined your application, so i wanted to know how does shopping around affect your credit? Do y...
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I'm wondering if a non-owner occupied short term rental (Air BnB) should have a depreciation term of 27.5 years (residential rental building) or 39 years (commercial rental)? I own 2 small single family homes which a...
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I was wanting to know if anyone had used Distressed pro and how their experience is with it? Are they the best service for acquiring notes? Are there more preferred services?
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Hi everyone. I've been reading and listening to podcasts and hear about all these folks that build these huge portfolios within just a few years. What I can't make sense of though is how can one keep accumulating prop...
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Hello All,I have a one-bedroom vacation rental condo in Palm Springs that has been listed on AirBnB for about a year now. I have my first stressful problem: a vacation renter with a 44 day reservation who will NOT lea...
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My boyfriend and I want to become real estate investors. I worked in Real Estate/Property Management (was the office manager/accounting supervisor for one of the largest companies in our area) for 8 years, had a licen...
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I've found a duplex that i'd like to go view. Based on the pictures and description up on MLS it looks like it would require minimal work. However, I'd need FHA financing and it appears that this duplex is fully...