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Diary entry One- I just spent a month doing the due diligence, aligning the management team, developing relationship with key players (particularly the lender), and I am almost there. Well, .. . . was almost there. ...
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Operating Expenses seem to be a big shade of gray for investors. Especially for a newbie like myself who has never run an investment property. Do the vets recommend itemizing expenses when running a cash flow statem...
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BP family! I'm very excited! I just closed my first deal as an investor a week ago. After scouting the MLS for months I finally pulled the trigger on a duplex (1 bedroom over 1 bedroom) in West Philadelphia. It's not ...
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When things are not going your way, something as simple as replacing a dishwasher can prove to be a nightmare. I am sure there are more people here who have experienced same total incompetence and lack of professional...
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Hello BP nation. I need a little help. I live in a smaller community (approx: 45,000 pop) in S.E. Washington, Walla Walla Washington to be exact. It is a GR8 community and has been coming into its own in the Winery...
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Has anyone used these people? Good or bad? I've heard that they have some upfront fees depending on how much you borrow?
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I went to my first ever tax lien auction on May 20, in Franklin County, Tennessee (my home county). TN is a "hybrid" state -- if you win the auction, you get a first lien on the property, and if it's not redeemed wit...
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Hey, and thank you in advance for reading my post. I have been reading these forums, listening to podcasts and reading books for the last two years on REI. I just recently finished my residency and started earning a m...
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Hello, Can you share what some of your strategies are to obtain multiple properties and continue to grow your business? I see people out there with several million dollar portfolios and I wonder how they obtained this...
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Hey BP,So say I was to purchase a non-performing note, and ended up having to foreclose on the property...What would be the ballpark costs associated to execute the foreclosure? Would it be roughly the same as when tr...