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I've found a fairly dilapidated, smaller mobile home park (maybe 20 units?) that has only 1-2 actual tenants on the property with numerous abandoned homes. It sits on a very nice little pond in a rural setting by not ...
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Hello. BP,We’re scraping the bottom of the barrel to get this project to the finish line but are coming up short and I’m worried about what will happen when I apply for a cash-out loan. Let me give the scenario and I’...
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I'm a first time buyer looking to get into house hacking. Me and my soon to be fiance will be double income-no kids for a few years and are looking to maximize the opportunities that come with that. Her dad has been h...
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Hi all,I've accidentally found myself as a real-estate investor and am seeking your advice.I used to live in a house in Austin, TX. When I moved away to get my MBA (no I didn't study real-estate), I decided to rent m...
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Split with my PM in the spring over their poor management (not paying utility bills) and not gaining my approval for repairs over $300 like the contract stated. One unit in particular accrued nearly $10K of repairs, a...
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I am analyzing a potential deal in a B neighborhood. It is a 30-year old four-plex with the asking price of $415,000, NOI of $29,000, putting the property at 6.99% cap rate, cash on cash return is around 10%. There is...
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Hi guys,I'm forming an LLC in CA. Do I and what kind of business licenses would I need to operate renting property in Nevada, mainly Reno area? Searching the net reveals conflicting info. Some say I don't need anyt...
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Hello BP Community, I recently start investing in RE, I will own 9 SFH thru turnkey company's at the end of this year, I'm not sure if I'm ready to set up a LLC company for asset protection or just go with an umbrella...
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Hello BP Community,I'm exploring options for a commercial property in Long Beach, CA currently held in a living trust. I've noticed many investors choose to transfer such properties to an LLC for legal reasons. If a p...
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Hello! A tenant texted me and said the electrical outlets in her walls were making a "clicking noise." She included a screen-shot from her phone that said clicking sounds from an outlet could be faulty wiring and were...