Hi All,I am in the process of purchasing an abandoned Right of Way adjacent to my property from the POA. They do not want to pave it, and I said I would entertain the purchase and construction of a personal drive on ...
I am planning to purchase a rental property with my brother. We are a bit new but have done our research with regards to the property. We are fuzzy on the legal side and will probably consult with a lawyer but thought...
Any one know the common price range for property managers here in Akron? I'm trying to start house hacking (with FHA or 203k loans) with the eventual goal of refinancing properties I acquire and then let property mana...
I have recently acquired my first duplex on Park Ave adjacent to Lake Street where there is quite a bit of destruction from the recent riots in Minneapolis, Minnesota. Prior to to this, the four-bedroom unit had been ...
Hi everyone just wanted to share a few tips on web site development and SEO optimization.Before i go into the topic I would like to share a fast overview on my background: I'm David from NY, I been on the IT side for ...
What are the options/possibilities of refinancing a $900k loan on a 20 unit after first year of ownership and operation? My goal would be to lock in a lower 25 or 30 year rate. The property is about $1k per month po...
I live in South Florida. Right now duplexes are going for a minimum of $300K in a good area and all of them are pretty much out dated and need work. Most of them don’t even meet the 1% rule. The ones I do find go quic...
Hello-
I'm currently in England on a student visa. I'm a 32 yr old American.
Has anyone on BP been able to invest internationally? If so what steps did you take? What where your acquisition and exit strategies?
My g...
This post was prompted by a discussion with an investor who approached my firm for tax strategizing. The investor was particularly concerned about receiving proactive tax advice. As opposed to, you know, retroactive t...
BP community,
Lets set a hypothetical goal to own 20 Single Family units in 5 years. (finance with 25% down(down payment 20% + 5% closing cost)
Year 1 Goal - 4 Units
we will need $100,000 just for down payments ...