Hi BP,I have been an avid consumer of real estate books and podcasts produced by BP. Therefore, I really value the type of thinking common among our community members. This post is asking for general advice and strate...
Good afternoon!
We are currently structuring our Real Estate Investment company. There is seemingly a variety of recommendations as for how to establish this entity. Is there any advantage or disadvantage that comes...
Just curious as I'm using the fix and flip calculator, but what's the least amount of profit you'd want to make on a home where the ARV would be $200k? I'm just trying to get an idea of what's a good deal or not for f...
Good morning - posting this as I'm sure many of you are experiencing this -
-Great tenant in Philadelphia - in home since 2015 - 100% payment with no gaps in 5 years, home in great shape, rent $1,000 month.
-Rent du...
Hi BP,
A little background on what my situation is. 22 years old. Credit score 710 via credit wise.
Duplex I’m looking at: 154,900 asking, 4x2 full ba. It’s been on market for 368 days and I’m guessing because one...
Hi,We want to verify tenant employment and salary. When we called the company, they are asking us release form. Is this something we find online? If so, can you please provide me with the details?Appreciate your help.
Hi!I have a great opportunity to purchase, at a discount, a 12 unit property that houses older veterans. The 12 units are made up of 8 motel style units and a 4 bedroom house. The current owner manages the property, p...
Ballpark...
What kind of loan can I expect to get with a credit score of 653/653/684, $120,000 in available cash,to put down, an annual salary of $112,000 (72 in salary, 40 variable comp), have been steadily...
I highly doubt credit and background checks are outdated, for if anything, they are continuously competitive and streamlined hot tool commodities.Perhaps the 3X Rent = Minimum Monthly Salary qualifier is outdated?Firs...
I live in Chicago and have a project manager running all my rehabs in the Quad City market, and we buy about 8-10 properties per month in that market. If you have used a project manager in your business, what are your...