Joshua Hollandsworth
Can a city deny me a permit just because they want to?
I am an investor in Cleveland, OH.
When opening a boarding home, the city requires you to attain a permit.
Now If your home is in the proper district, and everything is up to code, can the city deny me a permit be...
Shequila Hamilton
Is full asking price for seller finance too high?
I am looking at my first deal and wanting to ask for seller financing (I attempted an FHA Loan but my student loans are hurting my DTI). There is a single family home listed in a decent neighborhood with a basement ar...
Arthur Banks
Rental purchase rule of thumb
Can someone please tell me the 'rule of thumb' when evaluating a property for rental? Or better yet, what is the '2% Rule and the '50% Rule'?
I'm looking at a potential deal tomorrow and I'd like to get my numbers rig...
Jon New
Loan Process
I was hoping someone out here would be able to provide some insight on just exactly how the process of getting a loan approved and underwritten works. Seems as though the standards aren't always the same. Any insigh...
David Tower
Need help on this deal
This sounds like a purchase and then a lease option but I'm not exactly sure. I plan on bringing in a local expert but want to get BP's take on it.
Here's the details
owner needs to sell. lets say it's for 100-110k
...
Max Garcia Jr
Rehabbers: How important is the %70 Rule to you?
I currently do not have this home under contract. However, I'm just an email away from getting it under contract. Here's the numbers
ARV = $575K
Repairs = $100K
Selling price after my fee = $325K
...
Todd Shampoe
Creative investment concepts wants 10k
I just spoke with someone from Creative Investment Concepts they said they would guarantee 75K in profits for giving them 10K to start and they would assign a mentor to me. They suggest that all new investors star...
Nadia Daggett
Real Estate Agents fail Airbnb sellers
According to Airbnb data there are 2.9 million hosts on Airbnb worldwide in 2020. 14,000 new hosts are joining the platform each month in 2020 and some will fail without proper property management that competently han...
Russell Holmes
Newbie from Apopka FL
Hello all, I'm new to BP and have been browsing for a few days. I live in Apopka FL, about 30 mins from Orlando. I started a mobile auto detailing business in 2007 which has grown quite well in the last decade. I don'...
Ben Cochran
Neighbors from hell!
I own a duplex in a nice quiet neighborhood. Both sides are rented out by fantastic long term tenants.
Recently new neighbors moved into a rental across the street. From day one the tenants have been completely absen...