Michael Vaughn
Understaning how many months a loan has left in tapes
Good morning fellow BP investors, I recently started getting tapes with no column that shows the amount of months left for the loan, a crucial bit of information.If i take the next due date and the maturity date and s...
Chris Bruce
What is the best way to raise capital?
I am new to the site.Whats best way to raise capital towards multifamily homes? I already own 3 but need capital to buy more properties.Im not asking familyI don't have access to LOC or HELOC.I am not borrowing hard m...
Tony G
how's the real estate market in mn
I'm thinking of getting my real estate license in minnesota, and I'm curious if it's a good idea b/c of the inventory being low? Are there a lot properties out there to flip or rentals w/ decent cash flow and retur...
Jared Hockensmith
Advice on possible options with deal
Hello everyone and thank you so much in advance for any and all feedback!I am a first time investor and I have been looking to find and flip my first deal for the past couple months. I finally came across a potential ...
Francois Turgeon
4 Duplexes same location
Looking for some brainstorming ideas,I'm looking to get different venues on how to approach the saler (no realtor involved).My first personal choice would be owner financing. (What are the usual term)Hard money lander...
Suzanne Marta
Tenant taking advantage of covid
Hello Everyone,,
I need advice on what to do about my tenant moving his gf in without saying a thing to me. She's working on her laptop all day in the unit. She hasn't left since she's arrived. She's there d...
Mandar A.
Need advice on a deal
Hi Everyone
Recently I came across a duplex deal. The cap rate on the property is really good. The house is older house and needs some work like roof. Both the units are occupied and are income producing. One of the...
Sean Dougherty
Negotiating Senior and junior foreclosing mortgages
Seller has 2 mortgages foreclosing. Senior lien has been in foreclosure since 2012.Both liens are around $350k each.CMV $950kSeller has financial difficulty and seems to think we can negotiate for a partial settlement...
Roland Nelet
Tenant leaving before the end of the notice period.
Hi all,I sent a notice of lease termination to my tenant. The tenant left before the end of the notice period. Do I have the right to do renovation in the property and place a new tenant or do I still have to wait unt...
Justin Young
What is rental income?
Hey BP, what exactly is rental income? Is that considered all the rent generated from your tenants? Are there any expenses subtracted from the rent to equate the rental income? Is this only considered cashflow? Does r...