Hey BP world - just thought I’d post this as I have been laying awake stressing about the issue all morning. So in December after having my property for two months I had sewage backup in the downstairs tenants shower...
I am flipping my first house and the house really could use all new windows. Online I am seeing 70% ROI for doing that, which obviously doesn't sound profitable. However I have my doubts on the accuracy of that. To sa...
1. If a newbie investor has access to a 401k loan for the down payment, how is that viewed by Hard Money Lenders? 2. If using the 401k loan as a down payment, I assume it's best to wait until after a credit report and...
I am interested in starting a property management company. I have extensive experience owning and operating a property investment company and would like to scale my business by helping others. I do not have a lic...
Hello Bper's
I recently acquired a retail building and I have a tenant who has trouble paying his rent. His rent is 6k a month and he is sometimes able 3000 in two separate payments. His business is somewhat seaso...
I'm sure everyone here as some version of this story...I'm wondering if anyone has some feedback for my specific case. I'll try to keep it short (ish)! I'm posting this as my PM and I have different thoughts on approa...
Hello,Just curious what you all thought about the idea of using a loan from your 401(k) to finance the purchase and rehab of a 1st property.My plan would be to use 40-50k to purchase a small rental apartment, fix it u...
Hello BP,I need some advice and guidance. I'm an investor and live in the DC/MD area. I currently own 3 single family rentals and looking to increase my portfolio. The market i'm in is very saturated with investors, n...
I'm not the greatest at Math so if anyone can help me calculate the yield on this deal it would be greatly appreciated. To me it looks like a good deal. Clause in contract makes Tenant buyer responsible for maintena...
My Dad is currently invested in a few syndicated multifamily deals, and one of them is stabilized and ready to market. Instead of selling it, the sponsor has decided to "recapitalize the property with new equity and d...