Tom DiEnna
Newbie Tenant selection question
I'm in the process of selecting tenants for my first rental. Found my deal and I am almost done my remodel. My goals are to find a good, long term tenant. I've had several come through in the first week and the best ...
Allison Park
Expectations of Investor Buyer's Agent
I am just starting my investment journey, so have only used Real Estate Agents to assist with buying and selling my primary residence. In those cases, the compensation % for seller and buyers agents was set and I sig...
Karin Crompton
Typical Hard Money Fees (by category, not amount)
I'm looking for some info on what's considered typical vs what fees would be indicative of a bad lender - not the dollar amounts, just the categories, though if there are standard $$ ranges to be aware of, please say ...
Greg P.
Buying Owner Occupant HUD homes as a Investor/Flipper
Hello, I came across something concerning. I've done some research and noticed a rehabber buying homes on HUD as a owner occupant but then a couple months later, flipping it to a end buyer. I'm not a tattle tale, bu...
Doug Roux
1031 exchange to a syndication
My parents have duplexes and triplexes for a total of 50 units. They are in their mid-70s and can no longer manage the properties like they used to. I believe they should do a 1031 exchange into a truly passive inves...
Marcos Gonzalez
Finally saved up enough
Hello BP,I think I have some capital to work with, to either put 10-25% down on a home. Im also a loan officer working for a lender here in CA where I would get my financing through. The problem I am running into I do...
Ryan Rogala
Profit split in a SFR flip as only a money investor
I am considering investing with a friend who actively flips single family homes. He states that he would look for a minimum of $20,000 investment in order to take on a partner. As I am new to the industry and working ...
Nick Louie
Househacking in the mean streets of Fordham, Bronx worth it?
Hi BPs Community,I'm looking to house hack with FHA 3.5% in NYC. Obviously, with PMI, house hacking with 3.5% in Brooklyn or Queens most likely means I won't cash flow until I pay off 20% of the mortgage + move out in...
Tenetrice Johnson
GOT MY FIRST CONTRACT SIGNED!!
Hello all,
I'm so excited. I talked to a seller on Tuesday Nov 29th, went on the appt Thursday Dec 1st and got the contract signed this morning Monday Dec 5th!! I am overjoyed! I'm currently looking for a buyer which...
Stuart Udis
Evolution of Syndications
Syndications and passive investing are frequent topics of discussion in the forums. Over lunch yesterday I was discussing with a friend how the business has evolved in recent years. The conversation began after we co...