Hi BP community! I have a plot of land that I am looking to do my first build (to sell). I just read through J's Diary of a New Construction Project, and am currently trying to figure out whether to begin the process ...
I want to form an LLC with two private investors. I'll run the project and they'll pitch in various amounts of money. Once we get an accepted offer, then we'd just create an LLC just for the property we're working on...
Hi all,Working backwards from an initial goal of $300 per month, $3,600 per year, I would need $18,000 in starting capital if my average return is 20% per year from NPNs.Sounds doable in terms of saving, but my concer...
Wholesaling a property in IL. I can get it under contract for $196K, the (as is) comps are selling for about $240. The property its self it pretty turnkey for a rental property, although 5-10K could make it look nicer...
Hi BP Community,So I am pretty new here and I apologize if I haven't quite got my head wrapped around some of the RE metrics and/or correct forum to even start this thread. But a potential value-add opportunity came ...
I'm in the process of selling my first flip, I bought it from NWA. Does anyone know if there is another wholesaler that DOESN'T have a double close? Or perhaps I need to get better at acquiring properties on my own ...
Hello Community. Newbie investor is here.I am confused what type of insurance policy should I buy as a landlord for a condo that I am planning to rent it out.The condo is under HOA and there is a master insurance poli...
I recently bought a duplex that is occupied on one side and needs fairly extensive renovations on the other. Due to my contractor's schedule slipping (surprise surprise) I am at risk of losing my insurance coverage. M...
Hello BPers,I have found a property that I believe would be an amazing flip, but the seller is unrealistic on what he could get for house in its current condition. Here is a little background:1) Seller asking price: ...
I am a new landlord in my mid-twenties who just closed on a duplex in Ferndale (an area of metro Detroit) in early April. I inherited both tenants with their leases expiring at the end of May (bottom unit) and end of ...