In my 20 years of experience, buyers always pay for all closing costs when purchasing "off-market -wholesale properties". This ensures that there is always a fixed profit element in mind when negotiating with investor...
Hello BP community, I'm planning to do my first flip. Question is about the insurances?Do I need to get one for the house during the rehab process? Does every one does it? how common is itAbout my GC. Does he needs to...
Hello everyone, I am trying to flip 2 houses this year, buying with hard money loan, completely renovating/rebuilding and selling it. My question for bigger pocket community is . What entity be best for this purpose,...
I am going to close on my first REO in my name. The owner is still in there and I will have to evict them (guessing will take 1-2mths). They are not likely to take cash for keys (but will try). I called my agent and t...
Hi BP Nation,I am evaluating this hotel with a golf course and I wonder if anyone in BP nation has any experience with this. I invest in hotels so I know what the numbers should be for a hotel and so I can see if ther...
This question is for those who operate or have an understanding of residential assisted living facility, residential care homes, RALF, RCH, etc., as a business specifically, not the underlying real estate. 1. What typ...
Hi AllI'm looking at a very small park (5 units, no park-owned homes, 100% occupied). It needs work, but there are a couple large cottonwood trees that are pretty close to the homes. My inclination is to have them rem...
I'm looking for some feedback/advice on a conundrum I'm having with a potential investor. First though, let me tell you about our company. We are a small-mid sized management company. We generally have about 165 - 175...
Hello all!I have already heard many great things about House-Hacking, but I would like to hear about things that you wish you knew before starting the house-hacking journey. Like are there any liability issues you hav...
Hello everybody,I have a duplex, where one side of it is inhabited by a person with a dog (we have a contract with him until the next year). He has a pitbull, and it's very well behaved and nice overall. But it is not...