Hi all - I'm a newbie to both investing and BP and have found a ton of great info here so far! I am working on the "Objectives" section of my business plan and would like some thoughts. Here is what I have: "...main...
I lost an eviction hearing yesterday in the ultra liberal Johnson county, Iowa. I followed all the steps by posting the 3-day notice on the tenant's door and sending it certified mail. I followed all the steps by wait...
The question of "What do I pay for a troubled property?” is a hard one to answer unless you know the process. The process I use is backing into the value.
Here’s how you can do it:
First, put all the financials y...
The neighborhood is technically 'coranado' on Vista Rd Phoenix. Curious if anyone has experience in this area etc.. I would be investing from MA. I have 3 investments out of state but curious to get more info on this...
Have heard (read) many mixed (mostly bad) reviews. Have been using Lendingone and they are great but have a property that is below their minimum. Spoke with a rep at Lima one who wasn't very confidence inspiring and ...
Can the funds from a total loss insurance claim be used for a 1031 exchange? Or are there no capital gains on this type of return?
A friend of mine recently told me about a tax sale overage program ($1500.00) that assists former homeowners with retrieving sale overages owed to them by the government. I would like to know if this is legitimate, an...
I am looking at a property asking price is 225k, repairs 120-140k. ARV 750-850k.
From rough numbers 800k x .65 - 140 repairs = 380k max offer. I was thinking about just tacking on a 25k assig...
I ran across this article today:50 Reasons We're Living Through the Greatest Period in World Historyand figured it was too good not to share with the BP community. There is a lot of complaining that goes on daily abo...
Just read this article this morning. It comes from a landlord’s perspective of what’s going on in this current crisis and how state regulations are effecting her business. I think some of us can relate to her situatio...