Currently in the process of purchasing a residential REO in NJ, but intend on buying property in Florida over the next several months, as well. The plan is to form an LLC, and as we are doing business in both states ...
I was reading about the 1% rule today where a property should cashflow at least 1% of the purchase price each month. I wanted to know how does this apply to multi families? Should it be 1% for the entire property or p...
Hello BP Community,My name is Harsh Patel and very excited to start my real estate investing journey. I have been reading blogs and listening to the podcasts on and off but finally have taken the step to take this on ...
Investment Info:
Other commercial investment investment in Phoenix.
Purchase price: $490,000
Cash invested: $160,000
This property is a residential assisted living facility in the Phoenix, AZ metro. ...
Hello I have a question to see if I can get pointed in the right direction! I purchased a property to BRRRR it out and it has a screened covered porch. I wanted to enclose the porch but I am wondering if I need to get...
BP,Located in St. Petersburg, Fl. Am under contract with a single family home that I plan on adding a bedroom to. I work for a construction company and am quite handy, but county is saying I can’t do any work on these...
Hi,
Somebody I loan money to has signed a promissory note, but not an authorization to check her credit. As her lender, is it legal for me to pull out her credit report now without her authorization ? Both of us live...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $190,000
Cash invested: $10,000
This was our primary home for 6 years! The property has since appreciated and the e...
Investment Info:
Single-family residence wholesale investment.
Purchase price: $20,000
Cash invested: $3,000
Sale price: $55,000
Wholesaled this sweet deal #60 since 2018
I bought the house from...
Hi everyone,
I’m in the process of closing on a property in El Cajon (zip code 92020) with RM2200 zoning and enough space to add ADUs. I’m trying to decide on the best strategy for building:
• Should I go with a ...