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Hi everyone! We're about to refinance our rental property and I am looking for some advice. Here is some background information first. The property is located in Tempe, AZ and is currently valued at approximately $200...
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I have a single family home that I'm asking $1100 a month lease.
Security Deposit is $1100, plus $250 Cleaning fee (Non Refundable) and $250 per fee (Non Refundable). He has two cats and Fiancee is also a PhD stu...
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There are 3/1 houses in Alabama that go for 25-35,000 and rent for 550.00 with established renters already in place. So the house is already performing.
The numbers are very good considering the price. This is about...
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I am getting some pushback on the idea of recourse vs. non recourse loans from a banker I'm just about to go with. My accountant told me not to take out a recourse loan, one that allows for deficiency judgments (th...
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I am going on a trip to Puerto Vallarta and will be checking out investment opportunities while I'm there. I've done a bit of research on the legalities of owning property as a US citizen but would love BP input. Plea...
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Hi All,
I am currently writing an LOI on a 16 unit apt building but need some ideas on creatively structuring the deal. I want to give the seller about 3 offer options and he can pick the one that fits his n...
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Hey BP, a friend recently mentioned that there are some buyers' agents that offer commission rebates of 1% or so. And since the commission is already factored into sale price (as the seller pays the commissions) thoug...
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Hi,
I am a nursing student who is basically done with nursing, I used to have a passion for the profession but other life priorities have taken over and now I consider myself a business person. I am a successful comm...
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Hello, everyone. I'm new here.
I'm 25 years old and I have about $250k in cash, and I want to put all of it into real estate.
I have no experience though. I'm just starting to learn the basics, like cap rates. ...
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This summer the BC housing market seemed crazier then it's ever been. Since the active housing market resulted in ballooning prices should BC be prepared for a market correction in the coming months or years?