Brian Gibbons
Tips from Brian Gibbons re: Creative Financing (LO and LP)
I have been at another forum writing about "creative financing" at the Creative Financing Forum.Here is the intro:It is the spring and I thought I would give a primer on "creative financing" for the BP community.I wil...
Sarah Kartsher
First Deal - House Hack property
Going to be honest here - I am not sure this is a great deal... Maybe a good deal, maybe an acceptable deal but not a great deal as it stands.If I decide to buy this - it will be my first investment property, my first...
Christopher Hand
Looking at where to start.....Priced out of local Market
Hello Everyone,Backstory:My wife and I up until recently have been buying and renovating homes and then selling after 2 years or so to avoide paying taxes on the gains. Well it looks like this last reno will be the l...
Garrett Blanchard
Tiny house park idea on large parcel of land
Forgive me if this is not the correct place to post this. I have had this idea for a long time to buy a large parcel of land and rent spaces to people with tiny homes. Most of these tiny homes have composting toilets ...
Nathan Langdon
Raise Rent to Market or keep good Tenant?
I just closed on a duplex in April using FHA financing to do a house hack. The market rent for each of the units (both 3 bedroom + 2 full bath) is approximately $900 each. I have inherited the tenant living on the ot...
Sterling Fields
To bookkeep or not to bookkeep?
Hello fellow BP members! Looking for a little advice..Little background: I am a financial analyst for a multifamily developer, so i understand real estate and all of the financials associated, but i am definitely not ...
Yenlan Patton
How to say... offer the deadbeat tenant cash to move out
We are hiring the eviction firm to do eviction filing for us, this tenant hasn't paid us for March rent. And he challenge us to go to court, and we haven't heard the court date yet from the service firm. They said the...
James L.
My first multifamily deal
Hey everyone, so I have a duplex in round rock. I'm kinda nervous, I ran the numbers it seems ok but some feed back would be appreciated.So have it under contract for 180k, 20% down finanacing 135k @ 4.3% for 30yrs. I...
Pat Noyes
Newbie “Bob” with little time
Hello,
I’m a newbie Pro member that I would self-describe as a “Bob”, meaning I have a great job, great income and great credit (as does my husband). We also have good discretionary income and a lot of equity in our p...
Mooro El
Anatomy of a "Guru"
I have been wholesaling since the beginning of the year, but I am still at the point where I have not closed a deal as yet, and looking forward to the day when I can write a post in the "Success stories" section o...