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Outside of running your own rental and having some cash available. What would you say is the very first step in getting started in commercial real estate (i.e. multifamily or triple net)? It seems like it's a whole ot...
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Hi all,I bought a 1925 duplex on Metropolitan next to "the green store." It's in the Adair Park Historic District. After a car crashed into the front of it, I decided to try to lump all exterior changes I might want...
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Hello, BP community,
I am interested in learning about owner finance underwriting. Currently, I'm evaluating a property where the owner initiated a loan two years ago. My question is: How much equity should an owner ...
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Can a homeowner in foreclosure accept money and quit claim deed their property? And then can that new homeowner try to do a short sale with the bank and be the buyer and essentially the seller?
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Hey Everyone,My partner and I are working on our tenant screening guidelines for the property management portion of our business, renting properties in generally C+ and above neighborhoods. Some things we have include...
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Hi, I'm currently working on securing my first investment property and duplex. The plan is to self manage as I want to learn that part of the business while I'm young and full of energy. Plus, my failure risk right no...
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Our tenants are a major PITA to put it mildly. Among many other things they do, whenever a service contractor comes to the house that we pay for (repairs, landscaping, pool, etc) they always have them do extra things...
Greeting BP members,
My tenant left the condo breaking the lease without telling me.
Basically his check bounced and when I tried to get in touch he text me that keys are in condo.
I ran to find the condo empty.
Wa...
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Question: If I asked a family member for a $25K down payment on a $100k purchase and offered a 15% on his investment, but were to hold the property for 3-5 years. Would you compound the 15% yoy? I think obviously the...
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Hello fellow BP members,I'm at a place where i'm interested in buying my first multifamily rental property (preferably a triplex or a quadruplex). I've done some research about obtaining recourse loans, non-recourse l...