I recently had a deal fall through as a result of major inspection issues. I had already requested an appraisal + loan application fee + was using an attorney so overall I'll be ~$2k in the hole.I'm fine with that, be...
Hi everyone, I am starting my journey into becoming a real estate investor (leaning towards multi-family properties for rental cash flow). I am also a new member of this blog. I have been on the fence about getting my...
I am an investor who focuses on multi-family residential properties in Grand Rapids, MI. I am considering to move forward with another investment in Detroit, Grand Rapids, or even North Carolina (open to suggestions w...
I'm considering buying a 38 Unit mobile home park.. 33 of them are occupied, 5 vacancies.. The current owner (an older man) knocks on the doors to receive rent.. I wouldn't do this, but he says they're all trustworthy...
My dad has 4 duplexes. I want to buy 2 or maybe all of them. He wants to role the sale proceeds into a 1031 exchange. Is this legal to have a family member buy your properties.Also... my Dad would also be "the bank" f...
As a new investor the topic of property management comes up often during property evaluations.This is one of those things that will eventually happen once someone reaches a certain amount of properties (unless they wa...
Hello investors!
Thanks for taking the time to read this quick question I had to clear up some confusion.
When buying an investment property, you will encounter home owners who still have mortgages on their property...
My first offer was just accepted ! I am buying the property "as is" . Would the same standard purchase / sales agreement apply - would there just be a statement in there somewhere that says that the buyer is buying...
Hello fellow BPers.I've done some searches here on our forum for photos of signages on cars & trucks but don't seem to see many, if any.Can people with letters/signs on their vehicles snap some photos to show case...
Hey everyone, thank you so much for all the help you've given me. I hope I can give some back when I become more knowledgeable. So I got a question for you:In the state of California, a seller accepts an offer from ...