I'm sure this has been addressed in previous forums, or there may even be a link that dumbs this down for me. But here goes...........I've been listening to the podcasts everyday. I've been reading the forum success s...
Our president and vice president resigned via the official HOA board email approximately 2 1/2 weeks ago. They sent out official resignation letters to all homeowners in the email database and also turned in their in...
My wife and I are just starting to get serious about REI. We are looking at different methods to invest. She is wanting to do traditional financing and I would like to do the BRRRR method. We decided to divide and con...
Here are the terms that I'm interested in putting an all cash offer:
Bank of America Home Loans prequalification required on all offers. Please allow 2-3 days for seller response. Financed offers must have BAC pre-qu...
Hey BP community!
Wondering if someone can explain lease options to me like I'm a 3 year old. I went to a small seminar about lease options last night and still couldn't wrap my head around it.
I guess my main ques...
Alright, I'm a complete noobie so feel free to grill me for this one but I've been reading about wholesaling on the forums and I'm not completely sure I understand why it seems so popular.
If I understand correctly,...
For example: you buy a rental property for $100k.$40k attributable to land and $60k to building.You sell it 5 years later for $150k.You'll need to take $2,182/year for depreciation (see MARCS 27.5y table), so that's $...
So I am new to flipping houses, however I do have a buyer( Also a long time friend) who has around 300k in cash and is approved for a 900k loan. I am writing up my letter of intent and I want to put 2 choices of payme...
Hey BP family, There’s something on my mind that I thought I had a grasp on but, seems like I don’t. If I’m working with a PML. Say he or she wants me to bring 15% to the table and they’ll finance the rest. Does that ...
Hey All,
Would someone please be kind enough to explain how return rates and capital growth work in rental properties, and how modification that are out of character affect them? This isn't for anything specific, I'm...