First off, I'm new to the BP community and I just wanted to say and give a slight intro about myself. My wife and I have been landlords for 16 years and now have three properties simply because we just converted our ...
Please share your "Why?"
Here's mine: Personally, I believe in real estate investing because I don't believe in job security.
This has been my experience...I have worked since I was 15 years old, mostly for small b...
Hello,I purchased a vacant old nursing home that is in a low income area of the Dallas / Fort Worth area. The place has 30+ Rooms and is over 15,000 square feet. I was going to convert this 1950's building to an assi...
I have been contemplating using money from my IRA to fund an LLC and get started in multi family. I know I'll be taxed and pay penalty for early withdrawal, But I feel I can make up that money plus more with REI. I ju...
Hello BP,
I am potentially going to buy a park with well water and City sewer. I have two questions:
During Diligence what are the action items I need to do and things I need to keep in mind?
Once I own the park, w...
I am in the process of refinancing one of my rental properties and need an appraiser to enter. The tenants do not want the appraiser to enter due to COVID-19 concerns. There is a multi-generational family living in th...
Hello everyone,I own two properties in Tennessee. The first property is a condo, and my wife and I own 90% of it, and my brother-in-law owns 10%. The condo was purchased March 2019. We lived there until September 2021...
I've secured a private lender and I've just received the funds in my account to purchase a small (2-6 unit) multi family property. I would like to speak with 5 or more lenders before I purchase a property, what are di...
I'm finding myself in a tough spot. Here is a little history. I'm 31 and a buy and hold investor. I currently have 20 units which are doing quite well, and are not taking up too much of my time (2-4 hr...