I just purchased a 4 bed 2 bath 2004 Mobile Home on 1 acre with a Septic system and permanent foundation. It had a 100k mortgage at one time. I am expecting to have around 25 to 30k in it and probably try to flip or...
Hey BP Fam! I'm in the process of buying a student rental in New Hampshire, and I'm just trying to make sure I don't get caught holding the bag on a bad deal. Right now, it's a 2% deal because it's being rented by the...
Hi all,
Getting some work done this week and would appreciate a second set of eyes on this cost estimate. Does $1450 seem fair for this amount of work? That is for labor for 2 guys and they said they can do the wor...
Hello Everyone!
I have my first "deal" under contract after a year of education and missing out because of analysis paralysis. The property is 2/1 850 SQFT and has had a 15 year tenant that is currently being evict...
I have been reading here for a few months and finally needed to post (the search answers almost all my questions before i needed to post). When it comes to the different entities I am thinking that a C-corp might serv...
Anyone know a hard money lender who will then turn the loan into a 30 year rental mortgage? Everyone I looked at has a minimum loan amount of $75K or has a down payment requirement of 15-20 percent. I’m looking for a ...
So I've been doing this for a while and before I start a demo project I call the scrappers (if there isn't anything I want to scrap) for metal and the Purple Hearts etc to grab furniture. I separate the concrete if i...
I've recently started my own residential/commercial PM company. As an investor of buy and holds I have horror stories about bad PM companies. So I would 1 characteristic of what you consider a good PM company. We h...
For the second time in a short period of time, the key for a property I was interested in was missing from the lockbox. It happened to be for a particularly good deal, and my realtor said it wasn't unknown for real es...
Hi,I have a question about the house maintenance. The tenant kept bothering me about a lot of repairing issue. I had replaced the refrigerator and washer since she moved in one year ago. When we signed the lease, I to...