Kenneth LaVoie
Approached by lease purchase buyer
I was recently approached by a company locally here in maine called Mynt Investments. They want to buy any of my plus 5 units via 2-3 year lease purchase (required to buy vs. option to buy). I have a copy of their agr...
Jonathan Blandino
How to repay personal lenders?
Hey BP fam, I have been reading on OPM borrowing and wondering the different ways to pay back the borrowers. Lets say I borrow 100k from a wealthy college friend as a down payment for a multi-unit property that cash f...
Ron H.
Diary of a Mad Investor
A few years back, an investor hired a contractor to work on a fix and flip in Orange County. The investor's main focus was notes, but he also did the occasional flip. Throughout the project, the investor experienced...
Cassidy Burns
Buying Under Value . Appraisals are including your purchase
Hi BP,I've recently run into a problem with 2 of my last purchases in SW Virginia. I am buying under value properties. For instance: Purchase Price: $61,500Assessed Value: $116,800But the appraisers are adding the p...
Tom Coakley
Accepting a lease agreement
Need some help with my first investment property lease agreement. I have been showing the property and as of yesterday have someone who expressed interest in signing a lease. I sent the lease last night and haven’t he...
Dan Smith
What a new BRRR investor could could expect from hard money loan
Is it typical for a new BRRRR investor to expect the following from hard money loan/investor:For the hard money loan to pay for: a down paymentclosing costsrepairs on the houseThanks you in advance for you help!
Ben M.
Where to go from here
Hello BP community. I seem to be having a difficult time in my attempt to grow my portfolio. I have invested on my first rental property (duplex) 3 years ago. I am trying to grow my portfolio at least purchase another...
Rangan Bharath
Renting to individual seeking employment
Hi All,I working with a property manager for renting out my first-ever property. One of the applicants who is interested will be moving to find a job and has a guarantor (her family) on the lease. I initially said no ...
Nicholas F.
Accessory Dwelling Units
How many ADUs can I put on a piece of property, in combination with a single family home, in Los Angeles?
Account Closed
How to find out local CAP Rates
Hey guys, where do you look to find what the current CAP rates are in your local areas. I use CAP rates in my underwriting to see if its worth to purchase and rehab small 2-4 unit rent properties that i find. than...