I am currently applying for my first hard money loan and they want the scope of work, we will probably be doing most of the work ourselves so since I do not have a contractor I'm trying to figure out exactly what I sh...
Hi BP Team! I've learned so much through this forum and really want to get my real estate journey started. I am considering a property listed at $800,000, which includes a 2-bedroom, 2-bathroom main house (1100 sq/ft)...
Hey guys!
My name is Greg and I am a complete noob!!!! I am reading as much as I can though and trying to talk to all the right people to learn as much as I can as fast as possible!
A little about myself:
I am a 20...
We purchased a multi-family property on a private road that needs to be torn out and repaved. We are drafting a road maintenance agreement, and I had a question about funds for the project. We plan to open a bank acco...
I have a family member that’s getting up an age. I wanted some advice of how to set up her home whether put in a trust, or keep it in her name? She does own the home outright. Does anyone have some insight to this or ...
I'm new to real estate investing and still in the homework phase before taking the plunge. I'm wondering if any experienced investors can weigh in with advice on the 2% rule (below) as it pertains to big cities: "Th...
Looking at purchasing a property- If I put at least 30% down it will cash flow, however, is that too much? Should you have to invest that much to generate cash flow?
I have a decent amount of money currently invested in the stock market. I would like to use some of that to either pay cash for a second rental property, or use as collateral on a loan that will reduce my down paymen...
7 Condo - (5 - two BD Unit and 2 - one BD Unit)Purchase Price - $350kDown- 30%Loan- 245k100% OccupiedAnnual rent- $48,360Expenses Property Taxes: $248.00 Water: $120.00 Garbage: $10...
I've come across a deal because of a house being burned down. This would be my first rehab, with it being my first should i shy away from a total gut rehab or start with something more superficial?