Brandon Hardy
Our first "Pop Top"
We are scheduled to close on a property in a few weeks down in Decatur GA. We are still trying to iron out the details on the renovation strategy.We know we want to go up with it, and double the square footage. Ori...
Dennis Hertzler
Self-Directed IRA question
Ok, I have read a lot of posts on this subject and I am still unclear on what you can and can't do. But, it appears that I may not be able to do what I was hoping to do...Here is the scenario: I have recently "retired...
Mahesh Nair
Looking to purchase first rental property in IL
Hello fellow BP mates,
I just got started with my real estate investment journey. I live in the neighborhoods of Chicago and am looking to purchase my first rental property within IL. I am primarily looking for singl...
Bob Malecki
Suggestions needed to get performing borrower to pay late fees?
We purchased a first position NPL on a single family home in Charlotte NC a few years ago and did a loan mod with the borrower. He was paying consistently until last Spring where he missed 2 months of payments then st...
Samuel Garrett
BRRRR in Huntsville / Decatur
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $55,000
Cash invested: $36,000
3/2 1,600+ sqft SFH. Off market deal. Required an extensive remodel.
What ...
Garrett White
Syndication - Purchase PPM Template Online?
I am interested in syndicating my first MF this year. Is it recommended to purchase a PPM Template online to give to your SEC Attorney to review/edit to save time and money of having the attorney draft from scratch?If...
Virginia F.
Motivated to take action
Hello BP family!
Ever since I joined the BP a couple of years ago and read many inspiring stories, I FINALLY decided to take major action and quit a solid paying career as a surgical device sales rep to focus on RE...
Thomas Ebenhoch
Multi Family Refinancing
I own a 3 unit multi family home in Upstate NY, bought in 2016 with a FHA 203k loan. Purchase price was $127K, renovations from the 203k brought the loan total up to $154K. The house was appraised by the county for $1...
Jackie Badiali
New Landlord Advice...what changes can we make?
We will be landlords in about 10 days if all goes as planned.Question 1: Do you know if we can add an amendment to the rental agreement that is currently in place? The agreement doesn't stipulate a late fee for late r...
Kevin Brown
Building a Duplex in Denver
I would like to get some feed back on my initial thoughts of getting into the real estate investment business specifically in the Denver metro area. I would like to purchase a single family home, demo it and build a ...