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I recently purchased a 2-unit property in Georgia. I live in San Francisco.
During the process, our real estate agent provided good service. Including providing the leases for the tenants that are in place. I didn't...
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This was the description of a property's status in the mls listing. Is this the same as a short sale? Does it mean there's already an offer in? It's not a property I'm planning on jumping on, I'm just curious...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $200,000
Sale price: $313,000
This home was purchased with a no money down program in Colorado so our initial out o...
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I need help with a hard money contract that I am about to sign. I need to make sure that it isn't a scam. This particular lender doesn't use collateral for his loan. He uses insurance and there is an insurance fee tha...
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A (agent/friend of the seller) I have been communicating with is requesting LOI & POF when I start asking specifics about his property. My question was why his rent roll didnt add up.He says he needs those forms ...
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You've heard it, seen it, maybe even said it, Get it/Got it Under Contract. For reasons that I'll explain, hereafter refer to as "GIUC". GIUC has been used for many, many years across many business disciplines. Usuall...
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Hey BP,I'm under contract on a 4-unit in a market that I have previously invested.I saw the deal and pulled the trigger, sight unseen! I have a long history with the market and my realtor who has been with me since t...
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I have been using the 70% rule, since learning about it on BP's free book. I've also heard of other percentages as well, but for now focus on only using 70%. My curiosity is on how this percentage came to be? is it co...
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When doing my own personal taxes, I filed the first few years on my own without any software (this was before my life got busy). It was a great way to learn how to do my taxes and most of my issues were adequately ex...
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Soon to be 22 years old and I live in the south suburbs Chicago/ Northwestern Indiana area. I have set goals to purchase a rental property before the year end. Preferably a duplex. I'm thirsty for knowledge. I don't h...