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Background: Late 30s, married with two young kids (4 and 2). My husband and I both have solid W2 incomes (both remote). We live in small town Arkansas with a very low cost of living. No plans to move as this is wh...
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All,I recently purchase and rented 3 properties. in all 3 cases I tenant left after some time and I had to turn water in my name... when bill came was outrageous: $1000-$3000 each bill. Almost $6000 in total. In all 3...
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I had 2 rental properties in Chicago (I dont live in neither). One of them became a nightmare so I sold it a few months ago. I sold it for way higher than I bought it. I have all this cash in hand and I feel IRS is go...
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As you guys may know, a major construction project is underway in Atlanta - the building of the future Atlanta Falcons stadium. The preliminary work (or "pre-construction") that is required for this project has al...
My dad made a significant amount of money buying and developing gas stations in the 90's. he's held all of them since, collecting rent checks each month, all are on a NNN lease.He's wanting to buy more now and I perso...
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Hey BP!I am a Nashville native currently involved in a number of development projects locally. I am trying to be more active on the forums, so I’m going to document a development project from start to finish. I plan o...
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hi bp
I have been approached to be part of a land development project.
100 acres, approved for 700+/- multi units.
Limited partnership.
Raw land
Meeting with the contact tomorr...
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My friend who also invests in another market in Texas suggested that we plant a tree or two in the backyard of our new rental, says it is little cost now for a good return later. Thoughts?
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Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
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Hi EveryoneAfter reading through many excellent posts, include the "Diary of a New Construction Project" by @J Scott and @Joshua Dorkin, I thought I might add our voice here on BP. I am proposing to track the entire l...