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Forgive my naivety, I am in Texas and have agreed on an interest only contract with a balloon payment at end of 6 years. This will be my first one and I have a few questions i need help with.1. Do i still transfer dee...
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Has anyone worked with Chuck and his team. What are your thoughts and what type of projects have you worked with him on?Also, if anyone has any recommendations for general contractors in Maryland with large renovatio...
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Greetings BP family!I am partnering with someone on my first flip deal. (Yippie!!! ) We have both created our own LLC's. We are, both, newbies to this business and I am wondering if we have to form an LLC together to ...
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A local investor whom i've gotten to know over the years is looking to unload his properties, 4 properties 16 total units. Cap rate he's looking for is low (5-6%) I'm hoping to talk him up to 8%. My question is I'm c...
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As a person with little to no credit history, what would it look like to have a close family member sign for a loan, that for all intensive purposes, would be my property.I am 23, and just started a good paying job, f...
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Does anyone have experience or advice how to properly vet and research what land to buy? Looking to get into purchase to later lease/flip/sub divide the land.
I have some cash on hand, not enough to purchase even t...
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Hello fellow BP members.I am working on a checklist for when tenants move in and out of my units. I heard on one of the early BP podcasts from 2013 that the guest has a punch list when they move in (condition of unit ...
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Hell everyone. Hopefully this is the right forum to raise my question. I have my home that I recently bought ( less than six months ago ) and it’s under a primary residence mortgage, it is a condo unit, I’m being relo...
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We own a multi family apartment unit and we had a prospective tenant interested in renting for a year. His job is sending him to the area due to a contract they have here and they will be paying the rent. We would lik...
The unit above mine sprung a major leak under the kitchen sink destroying my property. $20k in damages. He has an LLC but failed to maintain property insurance. During my investigation found that his plumber who 'fixe...