Hey guys so I've been looking to purchase a BUY and HOLD property. I want to buy a house that can be profitable enough to where the rental income can pay the mortgage as well as give me some cash flow. I am thinkin...
Im studying multifamily in an effort to move from single family rentals to Multi's I have a few beginner questions.
What's a good average to use for operating expenses? 40%? I'm asking because in evaluating gross re...
BP (Philly Area)Anyone familiar with the sheriff sale process in Philly? Specifically mortgage forclosures? I've been to the site which provides certain information but curious if anyone on BP in the Philadelphia area...
Hello Everyone.I am looking to start my own real estate investing company where I plan on mainly wholesaling, but also flipping properties and buying rental properties. I feel like most people use and LLC for there co...
Good Evening To All,My Fiancee and I are in the process of buying a two family as owner occupied. We have to decide what to do about the current, long term, existing tenant. We sign the P&S Monday provided tomor...
Hi everyone! I have some questions about leases.
We bought a 3 unit last year; they were all rented out and did not have to deal with leases. Now, one of the units is up for renewal. I do not want to renew the unit ...
Hey BP. I'm wondering if you guys can give me some legal advice. I just purchased a house a month ago, and after moving in, I noticed that the toilet in the second floor bathroom is not level. There is a cabinet in th...
Hi to my fellow bp members so I’m 27 looking to get my first deal in real estate my question is. Should I buy a duplex, tri or quad as my first deal doing a live an rent an pocket cash right away or should I seek a pa...
After two months of religiously studying this board and reading numerous books, last night I finally attended my first REIA. I felt extremely prepared as I had a sold foundation of knowledge (much to the thanks of ma...
“A property is worth what someone is willing to pay for it”If you can secure seller financing, would it make sense to offer a higher purchase price in exchange for zero percent interest? If you adjust correctly, you c...