Giancarlo Ameglio
HELP WITH MOBILE HOME PARK PURCHASE
Hello,I am analyzing a deal for a 5-unit mobile home park. It is going for $170k and it's generating $3000 in revenue. It has the potential for small improvements like designated parking areas and fenced patios. It a...
Brandon Clark
Using HELOC to invest in 1st rental property smart?
Hey Guys,I have a single family home that I currently live in and I owe 104k on it. My real estate agent just sent me some comps on houses selling at 145k, 138k and 129k on my street. I will apply for the HELOC and ho...
John Public
Patch Of Land getting ridiculous
From "new offerings" email to fully funded in... 45 seconds!Cmon... this is getting ridiculous!!! How am I suppose to do any due diligence?! The Princton Indiana filled in LESS than one minute!!! >:(What is goi...
Account Closed
Late Fees Are Illegal?
This is a link to an interesting subject regarding Late Charges.https://caltenantlaw.com/late-fees/The article, written by an attorney, states that charging tenants a Late Charge Fees is illegal and when you evict a t...
Jared Baker
Is this Partnership "Illegal"?
Hello BP,I am currently looking at trying to buy a duplex to try out the renting game and see how it goes. Currently in my area duplexes are way overpriced. Instead I am look a few hours away from where I live at ar...
Jestin Sorenson
Investing in a new note
Hi guys, I'm a new investor.A guy I met at a REI here in Minnesota is creating a note and looking for $7000. That money is going to be placed in a Trust. He's given me an excel spreadsheet for a payment plan. I'm the ...
Dave Knott
Help with wholesaling paperwork
Hey BP I am beginning my journey into wholesaling and have a few houses that I want to put under contract, but I need some advice and I have a few questions before I do so.
1. For these wholesale deals the location w...
Trist Baylon
CALI-How many days can a tenant leave and re-sign a new lease?
I bought a house and and inherited a good tenant for a room rental.He agreed to vacate with a 60day notice since we will be remodeling.How many days is it legally for them to vacate and apply for a new lease with incr...
Patrick Senas
Advice on 1st MF House Hack in high priced market
Hello BP community,
My wife and I just got married this year and are looking to find our first multi-family rental in San Diego. The plan is to house hack it and use my VA loan to fund the deal. Our big goal is to ...
David Meier
How do get more properties with a maxed out DTI?
Hello Everyone,My wife and I both work and we own 3 properties. We show rental income on our taxes, so we are a 3 income family. We are debt free except for our mortgages. Yet our biggest issue to get a new conventi...