About a year ago, my brother and I inherited a 5 self-storage facility, 3500 unit real estate portfolio from our father. For the past year, we have managed the transition well enough to achieve 8% rental rate growth. ...
How much money does a typical Hard Money Lender want you to have in the deal? For instance. Lets say a house has a $100k ARV. Purchase price is $50k and needs $15k of work. HML says they loan 65% ARV, but I d...
Thinking about some creative financing that would be most beneficial to begin investing. I can borrow 10k through a 401k loan @3.75% payable back over 5 years or use money that I have in an IRA and roll it into a se...
Hello again BP! I completed my first deal last fall and now have a Duplex. I am trying to find out how to be more tax efficient. Long story short, I had an idea and was wondering if this is feasible. Any advice if gre...
In the scenario where a home is unequally left to several decedents and there is a mortgage. Is the
mortgage satisfied FIRST from the net proceeds before the proceeds are distribute...
Hello BP Experts.....I am a licensed Realtor and hold multiple properties under my personal and/or LLC's name. As a Licensed Realtor I do have my S-Corp (Let's say ABC Realty Inc.) which is affiliated with a Managing ...
I have a rental property in my hometown that I bought 5 years ago and is generating good income. Its fully paid off. For tax purposes, I want to transfer this property to my son (student 18 years – going to college 20...
Does anyone have experience with co-borrowing on a duplex, with one borrower who will occupy one unit as a principal/primary residence and renting out the second unit to third parties? I understand the loan generally...
Hi All! My name is Doug Adams. I am a PG County MD-based (Mt. Rainier, MD) infant investor with just one vacant lot "deal" under my belt (more on that that come via a sep post).Myself and 2 other friends from high sc...
Greetings all! This forum has been an absolute wealth of information around the foreclosure process and trustee sales.
I've been heavily researching tax sales/foreclosures for a few years now and finally feel ready t...