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I come across properties that have conversions and or add ons to the property ie granny flat etc, my question is, how does mail work for properties like this? I have a duplex i am looking at and there is a separate ar...
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Fresh from my FB seminar (Sunday March 3rd), my wife and I are excited and doing tons of research on which fork to travel down at the REI split. Initially; wholesaling seemed attractive but because it's the least expe...
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Is there mortgage insurance on seller financing if less then 20% is put down ?
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@George Paiva and I closed on a different asset class than our single family flips. We purchased a 16 unit in New Britain, Connecticut.We purchased it for $505K (~$31.5K/unit) and average rents are $675. Top line numb...
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I've got a few here and I'm feeling really stupid asking them!
1. We buy using an option contract. Haven't closed a deal yet, but are getting close. we haven't had any complaints from the banks about using an op...
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Is there a REI dictionary? lol I think lingo is great and all, but back in the ole days my dad used to send me to the dictionary if I didn't know what something meant... For instance, in REI talk what is POS?Seriously...
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Hello all!I have a question for the pros who deal with foreclosures (the process itself, selling them, etc). I have found a house that is in foreclosure that is being advertised for rent. This is in a city with a very...
All,I am new here at BP and looking for some advice from the experts. I live in San Francisco on a rental property, where I pay 3,000 $ as rent. I couldn't afford to buy a rental property here in the bay area due to i...
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Our son will be entering his junior year at college. His first year was on campus requirement, his second year was a Fraternity House but in August it's time for the rental market. After touring some rentals, which ar...
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Hello,First post here. Take it easy on me :) I'm going to explain a situation with the goal to get the communities take on it. From there, I will consult a tax and legal professional if warranted to confirm. So obvio...