Hi All! I am a new member to BP and I live in the Richmond, VA area. I am getting into the small multi-family investment area (5-20 units) and am interested in making new connections. My goals are to complete a deal i...
For the state of Ohio is your Real Estate license required? I’m getting mixed messages
Hi BP familyI'm getting ready to close on my first income property with Wells Fargo. Closing cost are $2792. Wells Fargo is also adding another $3709 in "other closing" cost for a total of $6501. The other cost inc...
I am a real estate agent in Washington Township, NJ (South Jersey) and I am starting to put together a team for my own real estate investments. I am purchasing my first vacation rental property in Brigantine, NJ at th...
Hi Everyone,So my question to the community is, if a home is in pre-foreclosure status and is up for auction, yet I speak with the homeowner before it gets auctioned off, can I get this house under contract and wholes...
Can anybody recommend a turnkey rental property company that takes into account all expenses in their cash flow analysis (capex, maintenance, vacancy, property management)? The companies I've talked advertise cash flo...
As the US economy is driven into 'stagflation' - as prices rise and real purchasing power falls - will manufactured housing drive out site built ? At present the number of site built homes is around 15X the manufac...
Lately I have seen a number of folks posting about suggestions on "investor friendly" agents. Unfortunately, this term is being thrown around loosely and I believe it is time we clear the air. It is not uncommon for i...
Disclaimer: I am not a
tax professional, so it's always best to consult a tax advisor for your
specific situation.
Investing in real
estate can bring about a lot of financial benefits, but it can also have a
ma...
Currently getting a second conventional loan on a 2 family investment property (25% down). So basically I went through a local mortgage brokerage firm and the loan officer all along told me I was paying 1% in point fo...