Ahmad H.
What is this note worth and how to sell it?
Hi All,I am in the process of selling a property where I will be holding the note for 280k (15yr term, 10%, 5yr balloon). The property is worth 380k and I am getting 100k down from buyer. 10% return is nice on the 28...
Mitchell Handley
Apartment Building Syndication
I have what seems like a very simple question about Real Estate Syndication's that I am having a hard time finding an answer for.If I was to invest $200,000 in a real estate syndication. After 2 years the syndication ...
Wesley Mullen
Reducing 401k contributions
As soon as I started my Corporate job, I was told like many others to max out my 401k contributions to take advantage of my Employer match (100% first 3%, 50% next 2%). So I've been contributing 5% the last 5 years. B...
Jody Michelson
Would Flippers/Rehabbers weigh in to offer guidance?
Have you ever had a lender tell a prospective buyer of one of your flips that within the first six months of you purchasing, rehabbing and listing the property, they (the lender) wouldn't loan on a property that wa...
Matthew Drouin
Good Cause Eviction Law Passed - 3 Things You Need To Know
Unfortunately Good Cause Eviction passed last night in the city of Rochester, NY.
I want to thank Council Members Lashay Harris and Michael Patterson for doing the right thing and voting “NO” on this largely pe...
Alejandro Valdes
Turning 4-plex into 8 units?
Hello,
I've been considering turning my 4-plex into an 8 unit building in order to increase cash flow. Is this a good idea?
4-plex is located in the Fort Lauderdale area, It consists of 2 duplexes facing each othe...
Jake Noreau
Providence, RI buy and hold house hack
Hello Providence!So I am looking to buy my first property (ideally sooner than later) ... My timeline could be 3-6 months if I went conventional, or much sooner if I went FHA through Rhode Island Housing. I have a few...
Justin Glass
Carrying the note
Hey guys I have a question. I am probably different than a lot of you in the fact that I deal in mainly land instead of houses. I do really well in this business and deal in the market of hunting and recreation lan...
Anthony Janke
Newbie: Action or wait?
Hello BP Members,Sorry in advance for the long post.So, for some background: I have been diving headlong into the material of the site as well as books and other material to get started in REI. I have settled on the s...
Angelica M Garzon
Airbnb Pinellas County St. Petersburg Florida
Hi everyone! I am starting an Airbnb In St. Petersburg Florida and received an email from a friend realtor that really worried me. Pretty much, it was a city rules and regulations article that banned short term rental...