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Hi everyone! I have a land contract on my house in Michigan. I owe about $130k on it and it is valued around $250k. I was planning to get a low down payment mortgage this Spring and live there. I am waiting on my 202...
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Hi! I've lurked around for several months before creating an account. Quick intro, my wife and I own just three investment condos in Chicago Metro and Madison, and all are self-managed or by my mom (realtor/property m...
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First let me state that I enjoy and have grown a lot from posts , webinars and info on BP. I am curious to know though how many here have actually mentored another or been mentored. So many here want to begin in RE, a...
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Hello All,I'm new to BP but not to real estate. I started working in property management in the SF Bay Area back in 2002, and shortly after I left in 2005 I purchased my very first property, a 4-plex in Campbell, CA w...
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Hey everyone, I have a scenario I'd like some feedback on if possible. Our investment group has been approached about acquiring 4 storage unit facilities. 3 in Carlsbad, NM and 1 in Eunice, NM. We've are solely invest...
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Hello all,I was hoping you could assist me...I am looking into purchasing a duplex and please let me know your thoughts if this duplex is a good purchase.List price: $117,500Current tenant occupied: Each side pays $75...
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If UBIT is owed from a self-directed IRA, does the IRA pay or the individual owner pay? I suspect the IRA must pay the tax, otherwise it's a prohibited transaction. Is that correct? Can anyone reference the related ta...
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Hey everybody my name is Barry Taylor, I'm from Conyers, Georgia. I'm a newbie looking to gain as much knowledge as I can about Real Estate specifically rental properties. I would love talk with anyone who is willing ...
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My name is Robert and I am currently looking to invest in rental proporties in the NY,NJ area. I am very handy and have great customer service skills. I am willing to invest my time with established investors whether ...
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Hello all, I am curious to know if anyone recently has been able to finance a 4-plex with an FHA loan. I know the self-sufficiency test makes it extremely challenging but was anyone able to grab a property and if so w...