At first I wanted to be moving on from the nightmare of horrendous tenants' damage. But it's almost a year since I got them out and I sold the property for a nice profit. I know that I have a few years before I file s...
Hi; I'm new in this business and I currently have 2 properties that I'm renovating to resale. I purchased the houses under my name. I have been told that I should open an LLC for each property. Is it too late for me t...
Hey BP,
I hope you all are having a fantastic start to 2016 and have made strides to your REI goals! I'm looking to start investing in 2016 but am scratching my head on how to get started. I have two options that I'd...
Hi, I am trying to buy my 5th home (existing 1 - primary, 3 other investment). I am aware that Fannie Mae has reserve requirements for home 5- 10 and in my case I have to show six months of reserve for all 2nd -5th h...
This may seem like an odd question but I see most investors use P.O. Boxes. As a fairly new investor it seems like an expense I don't really need.
Im about to do a 1500 postcard mailing, and may just have the return ...
Hi all,
I'm currently under contract for two single family townhomes. These are my first investment properties and I plan to keep them as rentals. They are both cosmetic rehabs.
I'm using conventional financing with...
If you are going to bid on an auction property, what is the best way to ensure a clear title prior to bidding. The title companies that I've talked to will only do the current owner research and of course will not giv...
Hi! I live in Tampa FL and I'm relatively new in the world of RE. My husband and I have completed 2 fix/flips over the last 2 years, and were considering purchasing our next flip. However a realtor friend of ours said...
I've been hunting for a deal lately planning to use my HELOC. Seems like there is more demand than there will be around the holidays. Because:$1,200 stimulus money. $2,400/couple +$500/kid+$600/week unemployment til...
Hi BP community, im new investor, seeking advice from expert investor, Im 37 year old with wife and baby boy 8months old, I have being saving and now looking to buy a condo for my little family, in north San Diego, Ca...