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OK I got my first phone call. (Well this is the second) but this one seems really serious.Would it be ok if I asked a few of you to walk me through my first call experience?I will tell you exactly what is happening an...
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BP Community! I just closed on an 8 unit this month putting only 6% down on the deal. I expect my cash on cash return to be over 90%. Ill detail the information below. Please reach out to me with questions as I love t...
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Just wondering what people think about this. I mean, technically, a wholesaler is not buying houses, they are making a contract and selling that contract. What do you think?
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How do the pros acquire so many properties in such a short amount of time? I listen to the BP podcasts and the guests are always talking about growing 5-10+ units a year. I bought my first house in 2013, and am loo...
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I want to write the title in quotes because it's not like I had much of a strategy to start with. I bought a duplex and a turn-key SFH at a normal price for houses in the area. Both were conventional loans with 25% ...
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ok I am at a point where I have done my research and still learning but I'm ready to get my first deal going and get it under my belt. My credit is not good enough to get a mortgage loan. So I'm left with private ...
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Along with creating an LLC entity and creating a "Certificate of Organization", you need to have an "Operating Agreement".Attached below is a redacted copy. Virtually anything can be written in to this agreement. Wh...
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Rising interest rates have hurt everyone’s buying power (except cash buyers obviously), and inventory is locked up because nobody wants to move and give up their historically-low interest rate. Word on the street is ...
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Hi all,
Looking to get into real estate investing and have a super basic question but I couldn't really find an answer so please bear with me!
I see lots of information around cash flow and the importance of cash fl...
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My partner and I just closed on a three unit the end of July. We purchased the building from someone who was not a good landlord. Two of the tenants in the building are still on his year lease. The lease is very vague...