Hello BP community. My parents own a duplex in the Los Ángeles area and they are currently going through a divorce. My mother wants to keep the house and my father is willing to accept cash in exchange for his share i...
I found an OLD mobile, it's a '64 that has been updated for $1500.00. I know most people advise to stay away from the older ones but I saw a similar one (it was a '67) today that is listed for $8k.
My goal here is to...
The several lenders I usually use told me that they wouldn’t do cash out refinance for investment properties in the foreseeable future. I guess I won’t be able to do BRRRR for a while. This is for Richmond, VA marke...
My five-year goal is to have a portfolio of mid to large multiunit properties. What should I do to prepare myself now to get into these types of deals in the future? I've found a mentor that does single family and sma...
Hey everyone! I have several private lenders that are ready to go once I find a deal that works, but I’m trying to figure out the best way to structure the deal. Since this is going to be a buy and hold, I want a long...
Hi all, just closed on my first property last month and have been tracking all associates expenses in excel. Have been reading the Tax Strategies for Savvy RE Investor book and they recommend using Quickbooks Pro. Was...
Let me put it this away I come alone and say I partner with you because you are in foreclosure with your 3 properties, so you don't lose your properties an Investor like myself who has
experience and great credit is ...
I have 8 financed properties and fall within that difficult band of 7-10 financed properties with Fannie Mae that require 6% reserves of the unpaid principle balance. The reserve requirement has become prohibitive of...
Who can direct me to someone who is familiar with this concept and also lead me to education on this topic?
Understanding a property's unit count is crucial when assessing investment options. Size determines a property's profitability and management efficiency.
Property managers regard smaller properties as less profitable...