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We would like find a creative way to finance a project in rural Eastern Shore of Virginia. There are 2 houses on 1 lot. House A is 1760 sq ft. Needs major rehab. House B is 1300 sq ft and also needs a full gut rehab. ...
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I am pretty excited to say the least. I have analyzed a little over 100 deals, made 30 or so offers, and have finally had one accepted! Set to close at the end of this month. It has been a great early learning proc...
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where there were 175 properties offered for sale free and clear, and 51 of the properties received no bids!Of the remaining 124 properties the top 3 bids bought 53 of them. There were 100 registered bidders and some ...
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Hi all, I took the leap into this business a few years ago purchasing my first rental which was out of state. Out of sight and out of reach. Sending that first wire to escrow was terrifying! I remember walking out ...
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Paid 70k for the house about 2 years ago and its worth about 135k now. It cash flows about 400 a month but its an old home. Figure I would owe about 15k in income taxes. Rent is $1000 a month.Its very tempting to take...
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O boy here goes try to make a long story shortHad first, last and security upfront.Couple moved in july, he was arrested in september.Rent was due September 1st never paid still as of today. I was forced to use their ...
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For the following information I give full credit to Jimmy Napier, the most creative real estate mind I ever met. His book “Invest in Debt” written over 45 years ago is the standard for understanding real estate note i...
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Hello BP. My father purchased two properties way before I was born in the Philadelphia area. That said, he has rented the properties out for years. However, recently I performed a tax search on the property and I not...
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I believe I once read something to the effect of "if you close more than one out of ten offers, you're paying too much." It may have been one out of 30, but I'm curious if others feel that way today. With the books fr...
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I was listening to a podcast on BP about passive investing and purchasing underperforming notes and secondary notes. It blew my mind and I became obsessed with the idea of buying notes. I have been obsessively diving ...