Jason Schmidt
New Rent-to-Rent Setup Advice Needed
Greetings,
I am a new member to this site, but I have been perusing the forums for quite some time. I appreciate all the knowledge you guys have contributed to these forums. I have very little background in r...
Trevor West
North Carolina Duplex at the Peak of COVID-19
Investment Info:
Small multi-family (2-4 units) hard money loan investment.
Purchase price: $88,000
Cash invested: $10,500
I went under contract on this duplex with the intention of using a 15% / 15 ...
Trevor West
North Carolina Duplex at the Peak of COVID-19
Investment Info:
Small multi-family (2-4 units) hard money loan investment.
Purchase price: $88,000
Cash invested: $10,500
I went under contract on this duplex with the intention of using a 15% / 15 ...
Clarence Johnson
Travelers insurance dropping policy due to fire claim
There was a tenant caused fire in my mother's 10 unit building earlier this year. The tenant was evicted and we have documentation showing that it was caused by them and showing they were subsequently evicted. There...
Alexander Churchill
20 year fixed or 30 10/1 arm
What's up BP!
So here's the thing. I'm ridiculously indecisive about choosing which loan/rate to choose for my first multi-unit rental property. Almost to the point where it doesn't make sense to me why I'm beating m...
Jorge Garcia
Refinancing and leaving a 3.5 fixed rate behind
Have refinancing rates gotten better or is it recommendable to wait until next year to see what happens? I want to start a business and I want to use that money towards it. However I got this property locked in a fixe...
Michelle S.
Seller Changes the Closing Attorney - Should I be concerned?
Hi BP Family, I am in the middle of closing a deal. The seller chose the closing attorney originally. Now, he wants to change from the original one to a new one. The reason was given as follows:" when the seller bough...
Ansel Harris
FREDDIE MAC PREDICTS BEST HOUSING YEAR IN A DECADE.
just wanted to share with everyone.Is Housing Poised to Return to Pre-Crisis Glory?The recent predictions from analysts of a dark year for housing based on tight inventory combined with rapid home price appreciation a...
Diana Gay
Quickbooks Chart of Accounts and Item List
I'm new to flipping houses. Anyone have a Chart of Accounts and Items List they could share that would be helpful in setting up QuickBooks?
Ren Agostini
NOOB ALERT: First property and first question
Hello everyone,I am new to BP and excited to meet like-minded individuals. I recently bought my first property, a new build, for $400k in Markham, ON (910sq ft townhouse non-freehold condo). I plan on building my real...