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Is it a good idea to buy a professional inspection report before making a firm offer?
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BP friendsMy rental ppty is in Houston, TX ... lease expired 12/31/2020. The tenant requested to stay on due to Covid ... all the time not paying rent since 1/1/21. Tenant passed away in February and the wife ( who’s ...
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We bought this outdated & uninhabitable 2BR 1BA 800 sq ft SFR in Smyrna, GA on May 10th, 2017 off the MLS. It was listed for $68K and had multiple offers with a highest and best situation. We paid $73,800 cash for...
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Looking to see if anybody has any experience structuring a deal like the one I will discuss below and how it turned out for you. I will just run through the general numbers on a deal I'm working on now as that makes i...
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Hello all!
I recently run through a special case and wanted to hear your opinion on the deal.
I found a property in which the owner only carries a HELOC with USBank. Owner hasn't made any payments on the loan for 4 ...
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Of the little marketing I've done so far just about all the responses I've received have been from absentee landlords of properties with tenants who will either finance no more than 70-80% if at all and won't take as...
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Hello and thank you for the comments and suggestions in advance. Given the ideal situation when owning a rental property (for this example residential 1-4 units) is to hold that property in it's own LLC for liability...
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I have my first wholesale deal under contract now. My fee is $5,000. After marketing this property for about one week I now have a buyer. The problem is that one of the potential buyers actually called the selle...
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Hello BP collective genius,I bought my first duplex 10 years ago and was able to secure a loan with only 5% down. Do these loans even exist anymore? Appreciate any help.
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I am looking at a property in the North Collinwood area of Cleveland, Ohio. Im told it is a C-/D+ area. I’m wondering what everyone’s thoughts are on this area. The numbers for the property make sense. My agent has br...