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I have a park under contract with fairly low lot rent for the area. Problem is the park does not make sense unless I raise the rents on the 26MH pads from $150 to $300. Not sure if anyone ever raised rents that much b...
Purchase price- $22,000
Taxes- $365 annually
Insurance- $250 annually
Repairs- $4,000
Rent- $500-$600 month
Property management- 10% of rent
Planned repair cost- $1,000 a year
Months not rented- $750 a year
Good d...
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Good afternoon BP!I have two investors (one family, one friend) who would like to fund a flip I have under contract via notes @ 10% interest.What is the best way to structure these deals when you have multiple investo...
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Hello Fellow Investors,As investors continue to scour the internet looking for multi-family deals hoping not to step on a land mine. I noticed that there seems to be a couple of reasonably priced properties in Edinbur...
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Has anyone converted a office trailer to a residential trailer?
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Tell me what you would do.I am buying an STR and can pick between two lending options right now. I will detail both.--------------------------------------------1. The commercial loan: Borrowing $135,000 at 4.875% for ...
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I contacted an investor who had listed his property on Zillow and this is what he responded with. I have never dealt with a tenant-buyer acquisition before and don't know exactly how to go about analyzing whether or n...
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We have 1 property that is rented as an STR in California. It does very well. Since Covid I've expected Hawaii Real Estate to get pummeled. I have been seeing a lot more Inventory lately, but since I am not an expert ...
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I hope this is helpful and I am not posting something someone has already posted. I have been looking on Craigslist and buying mobile homes for the last 4 years. This last year I found an awesome app on my Android sma...
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Hi BP:
I have an Uncle who is an owner occupant of a 3-fam home. He has owned it for 40 yrs and is ready to downsize into a single family home about 10 miles away.
He needs proceeds from sale of 3- family to put a ...