Hello BP Members,
My name is Khai, I recently joined BP in search for helpful tips and advice for real estate investing. I proudly served 8 years in the US Army, and now a veteran. So, my story is that I'm currently ...
What is the best and most thorough way to analyze a multi-family property before purchasing?
I’ve been approached about a creative financing option (Wrap Mortgage). I’m the seller of the property. I’ve dug into a little research but most explanations come from buyers end and not the sellers. Is this beneficia...
Hello all!
My wife and I have decided we would like to get started in real estate investing and feel most comfortable with buying a rental property. I understand it's suggested to start with a market you know, but we...
I am looking at buying a property wherethe current 80 year old owners are local and have been managing it themselves and treating it like a motel. They have hand written agreements with the tenants and the tenants pa...
I live in Texas. This past year has been my second year managing a long term rental, first time dealing with awful tenets. Their lease is up end of day today and I was just at the house- there is no way all their stuf...
How would you structure this type of business?Two friends of mine (Friend 1 and Friend 2) have expressed interest in real estate and Friend 1 has the money to do so. I want to open an LLC with Friend 2 in order to dis...
The title says it all. I have a new Texas LLC that I've started that will be the owner of my real estate portfolio.I'm under contract to buy a condo in Sarasota, and will assign the contract to the LLC at closing. T...
Hello Everyone, I am a active duty marine looking to invest in my first property before the year is out. I’m looking for any advice before I hop into this. I have read plenty books and I attend my local Realestate mee...
Hey guys!I'm pretty new to REI and my tenants didn't pay on time this month. My PM company sent me this yesterday (see below) and I'm unsure how to respond. Any advice on how to handle this situation would be extremel...