When considering your budget, is there any general rule of thumb for the percentage of money you spend to buy a property vs the percentage for renovations vs the excess left for cushion/emergencies? I will have a set...
Good morning all, I'll get right to it. My wife and I are looking to purchase our first rental property. We currently own a wholesale distribution business and I was talking with my commercial banker about financing o...
I made a member introduction last week. This year, my wife and I are going to try to flip some properties. I've been doing a lot of reading and am currently going through the book on flipping and estimating rehab co...
We are working to setup our first couple lease option properties and see how we like this strategy - on paper, it looks much better than traditional rental properties/tenants. Anyhow, for those experienced in lease o...
Hi everyone! After a few years of settling our life, finances, reading books and listening to BP podcasts everyday going to work we are finally ready to pull the trigger! We plan on investing long distance in one or b...
I received 30-day notice form from tenant that they're moving.In Cali the tenant has a right to initial inspection 2 weeks prior to termination so they can be informed of repairs or cleaning needed to get their deposi...
One of my employees told me today that her mom is planning to let her house go into foreclosure. She states that her mom wants to buy another home before starting to miss payments.
Now, I see this as an opportunity. ...
Can someone please help me out with the meaning of this (photo attached). Does this mean the first purchaser of a lot after the townsite was developed? Or would it more likely mean any future buyer of any lot in the...
Hi all, I have been reading books and watching every seminar possible to prepare myself to invest in real estate (I believe I am addicted to the process). I know the only way I will be able to fully grasp the process ...
Looking to purchase my first property, but I have been suggested by someone to look into turn-key companies in a location that is more affordable and in a growing area. Using a turn-key company would allow me to enter...