There are so many ways of financing development projects, each has its advantages and bring certain limitations, as newbie to seasoned investors, developers or finance professionals, Are there any proven set of guidel...
It's a property in NYC (Brooklyn) that the owner asks for 5.2m but it won't sell because doesn't make any sense, NOI is 27xxx, 18 units + 2 retail. Even if someone put down 20% and financed 4,160,000 it would still ha...
Hello BP universe! I seek your advice and wisdom! Much thanks in advance!I have an architect friend who lives overseas and is designing a remodel project of a single family residence for a client in the Bay Area. The ...
My current lease agreement uses my old company name (LLP) and address which I have since closed. Should I draw up a new lease and have the tenants sign?
Hi all, I'm a newer investor. I haven't found many properties that match my criteria, and I am looking into private lending as I have some capital. I'm trying to educate myself in the best way possible to learn more t...
My wife and I have decided to purchase our first rental property. We are purchasing a property from a family member for a nice cash deal. For the sake of discussion let's say it's not a family member, but a regular ...
Hello everyone,I was very happy to buy my first REO at the end of 2015. The plan was to rehab the house, live in it for a while, sell in 1 - 2 years, make a profit and buy another investment property. Mistake #1 - I h...
Does anyone know a way that it is possible to use a self directed IRA to invest in an LLC that I own as well? According to the IRS rules, i would be considered an unqualified person since I own both.
Hello everyone! I'm curious about whether my plan for acquisition this coming year is half-baked...I'm a single mom of 3, renter, who's been drawing only about 40K annually from her business so that i could systematiz...
I'm in the middle of remodeling a 4plex. The first unit is almost done and included a kitchen remodel which was uneventful and an excellent learning experience. The second kitchen was designed and demo has been comp...