I have a person that needs help with down payments for a commercial property. That's all I know at the moment. What are questions I need to ask to find out if this is a worthwhile deal?I can think of current rent roll...
Currently seeking more properties to purchase for cash flow, I also have done a high level investigation into purchasing a business. I put together two scenarios based on using 150K toward down payments. One is purc...
I lease out individual rooms in a rental house. One tenant got married and wants to add spouse to the lease. The main tenant is okay - pays rent on time, agreed to pay extra for the other person, all looks good and th...
Advice from an experienced investor to those starting out
1. Stop chasing guru/mentor “education”, tactics, strategies. Concentrate your education on real estate principles, real estate law, and real estate financ...
Who is at fault for this complete mess - foreclosure victims, banks or the government? - Discuss
I am at a bit of a crossroad. As of the beginning of 2020 my wife and I have decided to take our financial freedom into our own hands. We have paid off all consumer debt (roughly $20k), started budgeting and saving. ...
I want to start out by saying I really appreciate all the insight this community has given me prior to joining. Also if this post is in the wrong forum feed I apologize.I purchased my first property in 2012. The pro...
Situation: I own a home with a friend. Both our names are on the mortgage. I'm looking at buying a place for myself. But with the current market in a bad place, and our mortgage rate of 2.75%, we both are hoping to ha...
While I wait for my Tax lady to respond to my email I wanted to post my question in the BP forums to see if I'm thinking things through correctly. I own a Duplex in Florida that I'm going to sell and it is my primary....
I am getting started in real estate investing but my wife is concerned about what happens should a deal go south. I have not yet set up an LLC or corporation. Will she be financially responsible if I enter into a deal...