Timothy W Hanson
COC for my first Mobile Home Park
Hello everyone, I'm in negotiations of a mobile home park deal, this would be my first mobile home park. I wanted your impression on these numbers. Rents: $13,095 per month. Financing: $4910 per month. Expenses: $4000...
REUBEN JAMES II
How to buy RENTAL PROPERTY detailed
Just purchased my home a modest ranch style, my question is , how do I go about buying a rental property I have 5k to invest into the purchase with a credit score of @ 668 I have no experience so detailed instructions...
Sai Sunder
Property Managers - MTR - Seattle
Hi,I own a property in Seattle with 2 units. I would like to do MTR on one and LTR on one.- Any suggestions for PMs in Seattle who can manage both LTR and MTR.- Is Beacon Hill/Rainier Valley a good area for MTRs?TIA
Michael Abasiekong
Show Me the Money: Tracking Rental Property Income and Expenses
Show Me the Money: How To Stop Flying Blind and Master The Art Of Tracking Income and Expenses In Your Real Estate Business
We’ve all heard the statistics about the large number of businesses that fail in the US ever...
Steven W.
Loaning 401K Money to Fix/Flip Properties
Hi everyone,I am working with partners to purchase SFRs, rehab them, and then sell them. I would provide the bulk of the capital through my Solo 401k plan. I've been told by my Solo 401k guru that I can do this only i...
Lucan Bowen
Newbie from Upstate NY
My wife and I are seeking to venture into the real estate investment business. In particularly, flipping and / or leasing. How do we start? So far we are working on our business plan and need some guidance. We would l...
Josh Edwards
Analyizing a market
Hi fellow BP members! I'm an investor trying to get into the upstate New York real estate market. I'm trying to find ways to determine what real estate market is best to invest in right now. Currently all I have done ...
Alex N.
Water damage and tenants "education"
The story is pretty typical: inherited tenant did not report leaking bathtub faucet, it caused water damage downstairs and was reported by the tenant from below. Water damage is not huge, hopefully I would only have t...
Nicolas Sartor
When do I send the contract to escrow/title company?
I'm starting wholesaling, but I still need to understand some details about closing the deal.Let's say I found a qualified seller, went to his property and everything checks out, I have the seller sign an assignable p...
Dave Snider
Best Practices/Tips for self-directed IRA
Hello BP Members, I am arranging some financing options for a purchase and one of those is a self-directed IRA. Any advice around best ways to use one of these and anything I should avoid would be appreciated.The h...