Hello everyone! My husband and I are new investors and we are trying to clean up our financial messes so we can be on our way to financial independence. Before we seriously considered the idea of investing, we made th...
Hey all,Just got a foreclosure property offer accepted. My numbers check out for a BRRR but I do have some questions on my downpayment for the Hard Money Loan (HML). I have a partner whose self directed IRA we want to...
Shiny Object SyndromeLow Bid SyndromeMagic Bullet SyndromeI’ve made myself victim of some of the above. What other psychological ailments are endemic to business owners that you can think of?
Are there Illinois occupancy limits that would require me to cancel a month-to-month lease if the renter's family grows beyond those limits?I have a single family home that has been rented by the same family for a lit...
I am trying to purchase a rental property that is in foreclosure. It is a 1br/1ba condo fully renovated. Bank has dropped the price from 97k to 55k. I am offering 50k cash. My question is this. My banker says a regula...
Hey Community!I am currently on the search for my first fix & flip opportunity. As of now I am sourcing via wholesalers, MLS, and Non-MLS marketplaces. Long story, short... One of my mission critical priorities is...
Hello BP friends! Looking for some advise/ clarification for a 1031 exchange. I have 2 properties in NC which I am considering selling. However, they will sell about 2 months apart due to current lease agreements. ...
Looking to get any feedback on my first duplex deal. It is not a huge cash cow but property is in great condition and in an easy to rent area and hot market. Purchase - $259,900, 25% down (roughly $65,000), 4.375% ra...
I am looking seriously into REI out of state, and am just starting to tackle how to evaluate certain markets (e.g. Gary IN, Kansas City MO, Harrisburg PA). I'm looking for resources on how I can learn about these and ...
I recently started working as a buyer's agent for investors and I often get asked questions about lenders. I compiled this list of questions to ask lenders when you are trying to find the best lender to work with. I...