For my very first BP question, I'm curious how much money did you have in the bank prior to starting out? Our plan is to buy and hold. Most of the houses around here are 50-100+ years old so maintenance could be a cos...

Hi REI fam,

I'm currently looking at an off-the-market 4-unit apartment complex in worth Illinois. It's owned by a friend of a family friend, who has owned it for many decades and is retiring and wants to get rid o...

I am in the process of buying my first real estate property and would like it to be a 3-4 unit multifamily property. I want to invest out of California because I am looking for a property that can give me some positiv...

Hello all,My great uncle approached me a few days ago about managing his rental properties and I’m not really sure if I want to get involved. He’s approaching his 83rd birthday and can’t take care of them at this poin...

I have an opportunity to buy a re-performing first note at a 40% discount to principal The note has only 2 payments under a recent loan modification The interest rate is 5% and the principal is about 10% above apprais...

I am new here and I am looking for a short brief description about how a private/hard money loan works from start to closing (typical process)...this might be helpful for both private parties that are interested in le...

I am getting conflicting information from 2 entities that help create LLCsThe property I am buying is in Arkansas, but I want to open an LLC in Wyoming One entity that helps creates LLCs is telling me that the WY LLC ...

I've seen it for almost every rental. Rentals ranging from 500K to 750K in value. 2.5 to 4K in rent.
People show up with absolutely atrociously misbehaved kids. It's always just ONE kid, never people with multiple. T...

Hi BP family hope everyone is well.
So I still do not fully understand how to wholesale a property that is listed with an agent. I was thought to use a letter of intent letter to obtain the house.
Is this all you have...

Hello BP Community, I have a quick question and would like to get views from other people. I have a property that I purchased with HM loan a couple years ago that needed rehab. My strategy was to BRRRR however it has ...