Hey everyone. This is my first deal so I really don't want to screw up. Hoping for some guidance.I recently bought a home with cash in July for 13,500. Rehab will be 10k. ARV is 45k. Will rent for 800.I was offered 24...
I entered into a short sale contract June 3, 2016. The bank has taken a long time to approve and now they say we need to close in 3 weeks. The seller is now concerned that he may have income tax liability on the amo...
I am renting out a house I own in Norman Oklahoma. I currently have tenants in place with utilities included in their lease. They have been using much more electricity than I expected. My question is: am I able to rai...
I understand criteria are an important part of being able to evaluate deals quickly. As I'm trying to define my own criteria I am running into questions like "should I stick with brick only or is siding ok?", "how muc...
Hello BP Community,I am Virender Mann, a professional software engineer in Seattle, WA. I am new to the forums and have been listening to the podcasts for a while. I am a starting a real estate investment business and...
Hello all, I am primarily a real estate wholesaler who have done a few deals so far. Although my goals were to initially fund deals for fellow investors in the Oregon and Florida markets, I am now finding that it woul...
I'm in Indiana. I one one property that I've rented out myself for the past 16 years. This past year, for the first time, I signed a property manager.I got a text a couple of months ago that due to leaks in the roof...
I am a new investor and need advice in choosing "where" to invest. Everything is composed of little steps and I think the first step I should make is determining how to pick "where" I want to start investing. In the f...
Hello all!
Im wondering if choosing multi-family properties with 6 to 25 units as my niche is too broad? I have chosen specific neighbourhoods in my city where im interested to invest in.
Is this ok or should i try...
Hello BP Forum, we are reaching out for opinions and suggestions. We recently closed on an absolute triple net property with a remaining lease term of 11 years (of 15). The lease contract stipulates that the tenant...