Curious to know what you see in your state.
We are seeing pre-foreclosures continue to increase in So.Cal, and continue to see the same trends over and over again....
A lot of these pre-foreclosures have two things ...
Trying to buy short sale w/ 2 bank loans. I offered 184k to seller and they accepted, sent to Bank 1, that has 212k loan. Bank 1 agreed and offered 1.5k to Bank 2, that has 38k loan. Bank 2 is refusing to sign, but...
We are selling our rental property and plan to use the entire proceed to purchase another property through 1031 exchange. Our idea is to partner with our son and secure a loan to purchase a residence in which his fam...
Hello everyone,
I am a new investor in California and I am looking to acquire rental properties for cash flow. My Realtor sent me this deal, which in theory should cash flow because it meets the 1% rule. It's a tripl...
I came across a 12 unit (6 duplexes) deal in Milledgeville, GA. At first glance the numbers looked good. The seller was selling the package for $540,000. NOI is $57,239 , GR $75,550, EGI $70,270, Exp $13,031. (Curren...
What is the best corporation to incorporate yourself in when investing in real estate? And why?
Hi All, So I have a "What would you do" Questions for all my fellow landlords. Situation:I purchased a duplex back in March of 2018. Currently I am fixing up the side I am house hacking on while my tenants (which were...
Hey.. Im new to investing and I have a question.. I have 12k in savings and I'm wanting to get started with real estate by investing in mobile homes. My immediate goal is to generate a good extra income, long term is ...
In a perfect world, the General Contractor will have his guys in the property right after you get the keys on each new flip. But how long does it normally take to get workers in the house; assuming you couldn't get in...
Hello All,
What are the major pitfalls when syndicating a larger asset? Also, please feel free to elaborate on the do's and don'ts in a multi-family syndicated larger deal...
I'm a newbie to the bp forum. My goals ...