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I just bought a 5 unit home that has aluminum wiring and I can't find an insurance company who will insure me. They keep telling me to update to copper but in my research I've done and when talking to other real estat...
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I have an owner with a free and clear home who is looking to sell.
The home is a fixer going for 80,000. Home needs aboout 20,000 in work and it's ARV would be 130,000 based on comps. The owner wants 30,000 down.
I w...
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Good morning BP community,We are looking at making our first hard money loan for a flip project. We don’t really know where to begin as far as term sheets and what documentation we need to request from the borrower. A...
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Tax deed properties earn 12% interest. Should a interested party (past owner or mortgagor) seek to redeem the property with right of redemption. They must pay back what was paid to the county for the tax deed. the co...
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I'm working in commercial real estate but I'm personally looking to invest in flips (with my own proceeds and other people's money) locally here in Los Angeles, and for now, stay with what I know: homes or duplexes th...
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FYI for anyone who needs to plan accordingly.
https://www.washingtonpost.com...
Biden's stimulus package proposal includes an eviction moratorium extension to September of 2021. They are trying to put in rental ass...
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Hey BP Folks! I have started to play around with the Calculators and I don't know if I am doing something wrong, but how does it make sense to invest in the Los Angeles area? I am using a listing for a triplex in Nort...
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I am a new RE investor that entered the market in late 2018, after thinking about the macro trends in RE and policy, I just want to share some thoughts about where I think the market trends are...PresentThe recent run...
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We lease a small commercial space to a non-profit to use for their thrift shop. They serve veteran women who deal w/ substance abuse and homelessness. They were a tenant when I purchased the building and we all signed...
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After reading posts after posts of land trust, LLC and asset protection, etc, my head is spinning. So I thought I'd start a new discussion on my specific situation and solutions.I am closing five out of state REO prop...