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Below is the first draft of the business plan I created for REI.The final product will be created using liveplan.com to create a polished and professional looking plan.The only thing that I'm still working on and is m...
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Wanted to be informed on what to look out for when first time wholesaling and dealing with buyers/sellers.
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I have a 2 family I bought for $232k in Sept. research shows with no work it would appraise at $260k. I’ve done $27k worth of work for $17k ( tenant is licensed insured electrician and my boyfriend d is licensed and i...
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Hi Everyone,
I will potentially be purchasing a $50k house that requires a decent amount of repairs maybe about $25k. After repair value would be $110k, plenty for refinance. The initial loan mortgage would be a 20...
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Hey everybody,
I'm facing a new situation. A neighbor's tree fell in July of last year into the back yard of my out-of-state rental property, damaging a small section of chainlink fence. My property manager at the ...
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I received a nice looking Fedex envelop this morning from a TX law firm called holttollett. They said I didn't pay my HOA fee and had become a defendant. As a result, my $290 HOA which was due Jan 2023has turned in to...
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I hear a lot of "it used to be nicer, but now i'm scared to get out of my car in Euclid". Are you comfortable with the tenant base? Are evictions common and if so how lengthy?
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Hi Biggerpockets world!I am a realtor looking to purchase my first duplex. Property has two units that can be rented out for 1800-2200/month. There is also a garage that was converted to 3 units with tenants paying $4...
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I am a newbie landlord with only 2 units to date. My new tenant in my second unit is now delinquent for the month of July. I contacted him and he says he mailed his rent check and it has already been deducted from h...
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Good afternoon BP,
I am a new investor starting out my business model with lease option sandwiches.
My question is: how do I determine the future value/purchase price of a home when structing the lease option sandwi...