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Looking for insight on how my sister and father should split the profits from their first flip:The way it's worked:Dad put up $100k of the $114k sales price (bought on Auction.com in a "cash only" transaction). Sister...
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Should, and can, I give a current, reasonably bad tenant a rental reference?
Tenant has caused damage, been profane, regularly paid within late grace period, etc.
Should I tell tenant I don't give references, or do...
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Hi All! I'm doing some digging for Probate deals and I was thinking of using TLO to get contact information for the estate representatives. I've tried calling the lawyers before but not much came of that.... If I get...
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In the United States, when credits are applied to a purchase price the agreement becomes a financing contract and these contracts have been identified as predatory lending arrangements under the Dodd-Frank Act. Under ...
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I’m new here and am still in immersing myself in all the BP Blogs and pods. Just wanted to ask some experienced investors about the 1% or 2% rule. I know it’s more of a guideline than anything, but is it a realistic m...
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Just curious if anyone has any experience digging out crawl spaces to make livable basement space? I have a house in a nicer area of Cincinnati (Wyoming), I got it for $240k, houses nearby are selling in the upper $3...
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Hey everyone!First of all, thank you in advance for your suggestions and words of wisdom!6 Months ago I had purchased my very first investment property (4-unit row home) and I am continuing to struggle in deciding whe...
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Hi all. I’m a prospective buyer located in Chicago looking to purchase a 2/1 condo and rent out the second room to a friend. I’ll be able to put 10% down on a roughly $350,000 unit, and will be using this opportunity ...
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What would be your investment strategy to scale the quickest and why? Choice 1: Smaller and "more affordable" market. Purchase 2-3 properties cash and renovate each property to have ~120K equity in each to rent an...
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Hi BP, questions abt credit pull, but first some background My husband and I are stuck in a lease until end of year, we cant purchase a house that we intend to "house hack" for maybe another 6 months. That said, i h...