Let's say my wife an I are general managers of an LLC who buys a single family home. The contract price is 100,000. We put 20,000$ of materials and labor into it. We then rent it out for 12 months and cash flow 10,...
Greetings, BPers,I am looking to buy a SFH in the Williamsburg, VA area (where I have lived for the last two years, but am currently renting on a local military base, and am about to retire). My goal is to buy a hous...
Just wanted to tell everyone to just keep working it. Persistence pays off. Denver Colorado is a very tough market. However in spite of that, this year looks good so far.1: January 8th - Sold my worst rental house. A...
Hello BP pros, Brett Lawrence here, I have been lurking for a little while now. I am just getting myself started with this. My business partner is just introducing himself of this site as well and we are just here to...
So... spoiler alert...this is a bit of a humble brag but I could use some advice too! The 1st day I bought my fourplex I overheard a conversation, through an open window, where the tenant in unit #2 was saying that he...
where I am at HCV rents are aprox $200 lower then comperable Non HCV rents. They set the FMR at comprable but then they subtract a utility allowance from that. So for example all rents in neighborhood are $1000...
Good morning BP Nation!I am walking through my first home this morning with the sole intention of buying (cash), renovating and renting long term. I am excited and can't wait for the experience. Even if we pass on t...
I hope this makes sense.
I guess it is a kind of Subject to deal not 100% sure but it is the financing i am curious on. Since i will have to have it written somewhere that i will eventually pay 130k for the property....
Hello everyone, I'm curious to know, if banks will loan for foreign investment or what route should I take if I am looking to invest in Rental Property and Apartments in Mexico. Any help? Thank you!