Chris Fayling
what should I expect to pay for insurance for single family
hello bp I hope everyone is having a great day. I have a single family 2 bed 1 bath that a wholesaler has brought to me. It meets the 1% rule at about 1.5%. All the other numbers are working in the calculators, ...
Brandt Hollander
Update Letter to Investors (Samples / Advice Requested)
I am preparing to send the first of what I intend to be a series of quarterly updates to the limited partners of a small syndicate of which I am a general partner. I am looking for advice on structure of the update a...
Lawrence Cox III
Should I keep, sell, refinance, or make extra payments?
Hello everyone,I will try and be brief.I am in the East Houston, TX area. I am 4 years into a fixed 30 year mortgage. I have a 5.875% APR with $107,500.00 left to pay. Original loan amount was 115k. Appraisal shoul...
Account Closed
Can you use an unsecured personal line of credit to invest?
I currently want to invest in real estate but unfortunately i don't have the funds. A year ago i helped a relative get an apartment complex with an FHA loan by being there co signer but because of me doing this i don'...
Charles A.
Preparing for the Apocalypse.
The new government in DC is barely 60 days old.Yet one of the most noticeable early goals it has set for itself is the repeal of Dodd-Frank.Although this law is more complex than most people seem to think,it might be ...
Benn Albrecht
What are the best things you include in YOUR lease agreements ???
I will be renting my first house in the next couple months. What are some of the best things you guys include in your lease agreements that you've learned over the years ?I'd be interested to know the story behind it ...
Scott Szurek
What percentage of Flips are unsuccessful?
I was wondering if any veterans of the Single-Family residence flipping business have stats for the % of flips ending up losing money and maybe also days per flip. Do you keep detailed stats about each flip?
Huy N.
Mini Syndication the story so far
After going back from the Syndication event. I am confident enough to pull the 1st trigger on a mini syndication deal with close friend and family. After months of searching and negotiation we were able to secured 3 t...
Andrew Mettille
Unexpected costs in a Mobile Home Park
I just started to look at my first deal in a mobile home park. I was wondering what some of the unexpected or overlooked expenses in owning a mobile home park, assuming that all of the homes are resident owned. Is th...
Caitlin B.
SFH - charge extra for snow/mowing or put on tenants? What paint?
We are entering the game with our first rental (family member was supposed to move in but passed away, so we already are in possession of this property). It's a very small 850 sq ft, no basement SFH on a street of nea...