I think this question is relevant given the impending Hurricane. My question is: If a home is purchased at the foreclosure auction; when does risk of loss pass. The certificate of sale isn't issued until 10 days af...
I have a few sellers that are willing to finance / carry back a portion of the property, and I have been trying to find a lender that will allow this to function as a downpayment of sorts (they lend 80% LTV and seller...
I have started interviewing GCs for the property I plan to rehab. I have prepared a detailed scope of work and every time I meet with a new GC I explain what I need to get done and I give SOW to them. Then we discu...
When having a house rehabbed, what type of insurance is needed?
Hey everyone!
What IRR returns do you target when looking at acquiring an existing multi family property? Let's assume it's a class B property, 10 units, you plan to gut-renovate it, and then lease it out for 4 more ...
I bought a house a few months ago with the intention to hold as a rental but learned my lesson to not buy houses built prior to the 80s, 70s at most. I've gone over budget not terribly but enough to where I just don't...
Everyone who weathered the 2008 crisis knows it's very important at this time to make sure not to over-leverage on rental property. What is safe? I've heard 65% LTV should allow pretty much any investor to ride out t...
Currently, I have one credit card and pay the balance off every month. How do you all use credit cards as a tool? Let me know your thoughts!
Probably an ignorant sounding question:
Can a property owner 1031 exchange out of a contract for deed once the contract is fulfilled?
I'm talking about buying to The Owner of an apartment building who owns it fr...
Hi BP,
I was surveying Cape coral market. I realized the risk of flood in that area is very high. Is it a good idea to invest in such an area? Should it be okay if I have insurance, do they cover floods? Did anyone l...