Hey guys,I have an opportunity to purchase my first duplex. I would like to see what the pros think of the deal.Breakdown:Purchase price $150K. Seller Financing Monthly payment around $1,350Rental $900 and $950 month...
Hi everyone.
I just closed on a single family home that I’m planning to flip.I have financed it using a conventional mortgage under my name, and I would like to transfer the title to my LLC, so I can manage the renov...
Hello Investors, I was contacted by a company that runs an assisted living facility / group home in Phoenix, AZ. They want to leave my SFH and use it to run their facility. This is my first time hearing about this and...
Offer accepted on my first deal (triplex) and inspection pending (WA State).During my initial walk-through, I met a couple who seemed to be more than knowledgeable about the property, possessed keys to storage areas (...
I have been a real estate investor for just over two years. This question centers around “opportunity cost.†I own and work in a lawn care business, own and run a small web design business, as well as own severa...
Hello BP - I've been thinking quite a bit about the amount of monthly cash flow I'll need to quit the rat race and provide a comfortable life for my family. Here's very broadly what I'm thinking:Gross Monthly Cash Fl...
I was just doing some due dilligence on a proprety and I spoke to my Insurance Company (USAA), and had a mild heart attack when they told me how much it would be to insure. 1st I ran it online and it came to be ~$6k/...
I'm a landlord newbie and am going to encourage my tenants to get rental insurance. Does anybody have any doc or part of their lease they wouldn't mind sharing that covers this? I don't particularly want to pay a lawy...
Can anyone give me some insight on what to expect when buying a property that is located in a flood zone. What extra expenses can I expect as far as insurance ect. Any hidden surprises, fees, or laws I will have to ...
Hello BP Fam,
Got a call from a post card and locked in a deal on a 1/2 acre parcel here in Florida. My question is I know there's only been one owner and no liens or any other issues. I want to buy this without titl...