Hello everyone, had a question regarding partnerships. My friend and I are going to on a duplex 50/50, splitting the down payment, expenses, cash flow etc. What’s the best way to set the partnership up legally? Any ad...
Hello,I have started to investigate obtaining a house through a sheriff's auction in Monmouth County NJ. My plan is to buy a single house, do repairs and upgrade and possibly sell in a few years to reap a tax free pr...
Hey BP,I am hoping to start a discussion on wholesaling in Minnesota and the best contract practices to follow.I have been looking for rehab deals mostly, but doing some marketing I always come across deals outside of...
Can anyone please help me solve this math question? I do not understand it...a bank gives a mortgage loan for 80% of the sales price at an interest rate of 8%. the interest portion of the first month's payment is $192...
I live in a very hot market in Fort Collins, Colorado - any deal to be had will MOST LIKELY NOT be found on the MLS. One of my 4-plexes was an off market deal that came about because me and the previous owner found a ...
Hello all, I have a home I bought Sub2 that I will be getting a policy on tomorrow, but have a couple questions before I pull the trigger. I should mention I am actually living in the property as my primary residence,...
Hello all.
I see from looking at foreclosure listings it warns that not all liens would be removed after a foreclosure sale. How can I get an understanding of what to watch for? Any best practices or guidance?
Thank...
Happy day BP folks!
What's the best advice for a first-time real estate investor?
Let's hear those great ideas and experiences!
I'm very early on in my journey in buy-and-hold long-term rental real estate investing; I only have one unit that I purchased in late-2019 before having encountered biggerpockets and the other online resources on the ...
View reportLooks better than the last few I’ve analyzed. Put purchase price at 480k, which is 20k above asking Duplex 4/2 each unit20% down $700 month cash flow ($1,050 if self managed)7.93% CoC return (11.88% if self...