I have a question about portfolio lenders, how do they work, is the loan based on my personal income or the deal itself? What kind of down payment percentage should I expect? What do the interest rates typically look ...
New to renting here and I have some questions on taxes and how to approach it. I bought the house this year and had some expenses on the house.Basically I made $4350, but spent probably about $5000+ in repairs and mai...
Hi,
My Property Management company recently performed over $1500 in repairs on a fourplex which I did NOT authorize. Our contract clearly states I have to approve anything over $300.
When I called them...
I have a number of units (SFH and duplex) where the tenants have dogs. This is allowed in their lease and they pay extra for them so I like that they have them. The problem I run into is with maintenance. Most of t...
Huge profits with Apartment repositioningApartments seem to be on the top of the list for commercial investors. There a smart investment as you can tell by the players in the game. Just do your homework first.Apartmen...
I'm new to wholesaleing and I have a few questions before I actually get out there and get started. I just want to know if I have to put any money into wholesaling if so how much?With the contracts do I have the selle...
I’m about to sign a rental agreement later and wanted to clarify a clause and see what I could do about it now and in the future. I am renting a condo that comes a few appliances furnished, and it says:
“The ...
Hey BP Fam, I’m about a month and a half into my pursuit of my first fix and flip in the DFW area in Texas. Here’s my issue, I’m finding plenty of opportunities and what I’m finding is that when I personally go out to...
Malcolm has 3 properties currently. Two are in foreclosure and one is not but needs extensive repairs. Malcolm's objective is to get them out of foreclosure and make them income generating properties. This can be done...
What I have learned is this.
Note: I am still a rookie and only in the single digits for doors owned.
Big factors that quickly erase cashflow and that may put sizable monthly cashflow even into the negative:
Not b...