Michael Doherty
Closing on 2nd Duplex Should I set up another account?
Hi all,I am closing on my 2nd duplex in December and want to stay organized. Curious to see how people stay organized from a financial standpoint with tenant security deposits and separate banking accounts. Right now ...
James M.
Advice needed to free up capital and close a deal
Hello BP Community,I could use some advice on my current situation. I’m recently under contract on a duplex in Pinellas County, FL. In order to close the deal (multiple offers), I had to offer to purchase in cash an...
Herm M.
Closed first short sale...trying to catch up on things.
I closed my first flip, and my bottom line is between $51,600 and $57,300*.
Anybody who hasn't closed one, here's the most important things I learned:
1) TRY TO HAVE YOUR OWN FUNDS TO CLOSE THE A-B.
2) ALL YOUR PRO...
Mike Holt
Things to set up before closing on first rental property?
I'm working toward buying my first rental property and I was wondering what were some things that people recommend getting set up prior to closing?For example: Should I get a business dedicated bank account and credit...
Kyle Z.
Closing costs from selling property eat up appreciation from property?
Don’t the closing costs from buying and selling an investment property eat up all the appreciation (and mortgage principal paydown)? Is it really worth it to hold an investment property for less than 5 years? What was...
Jared Hettler
Anyone ever had a buyer not show up to closing?
So I'm new to wholesaling and have some things that make me nervous to think about, being that I don't have the experience to know how to handle certain situations. One thing that keeps getting to me is that I heard a...
Kristopher Shobe
Close friend wants to partner up to buy a duplex
My buddy and I would like to buy a duplex and our question is, could we each get a personal loan for 30k, let it sit in our accounts for 30 days and then use the combined funds to purchase said property out right? Pro...
Brad Hunton
Advice and Critique of my STR/MTR
I have always been a LTR investor and decided to convert one of my properties to a short/mid term rental. I am currently hosting to a guest that booked for a month and will probably be extending his stay but I am just...
Ericka G.
Is this a good buy for East Point, GA?
Hi there,Found what appears to be a great house for our 5th investment property - a 5bd/2bath a few blocks from MARTA (Atlanta's "subway") and 2 stops from the airport. There is an upstairs loft with two additional ro...
Jason Stoltzfus
How do you learn your market?
I am new to real estate and everyone says you need to study your market and learn your market, but I don’t know how to do that or where to start.