Gabriela Gomez
Ground lease Condo $125k- Rent $2205
I recently came across a condo that can conservatively make a little over $400 a month in a very desirable tourist location. However, condo has a ground lease that expires in 2049. Condo is going for $125k, I would ne...
Tracy Z. Rewey
12 Days Of Note Investing/Day #8 Contract For Deed -Land Contract
While a note and mortgage or deed of trust are the most common real estate financing documents, sometimes seller financing utilizes a Real Estate Contract, Land Contract or Contract For Deed.The seller agreed to accep...
Bradley Snyder
Popcorn Ceiling concerns
Hello,I am looking at a house in Forked River NJ, that was built in 1972 and has popcorn ceilings throughout. I did some research and found that asbestos was commonly used in popcorn ceiling in the 70's. To test for a...
Matt Vaughn
Minimizing Risk Before Purchasing for a Spec Build
Here's a question for you guys:
What are ways that you gain reasonable assurance that you'll be able to build on a plot of land before purchasing the land?
I'm looking at several properties, some of whi...
Jacob Barnhart
Is this an existing strategy?
I was just throwing ideas around in my head and was thinking... Has anybody ever heard of a strategy along the lines of:1: Showing homes in need of repair to potential home buyers2: Have the potential homebuyers tell ...
Lori Hunter
Florida Insurance quotes
My husband and I are about to make an offer on a second investment property (our first in Florida) and we requested insurance quotes to help us determine the numbers. This is a multi-unit property with a main 3/2 ...
David M. Hagley, Jr.
Deal Analysis References
Is there a good reference book that shows the formulas and methods for analyzing real estate deals? I know that the calculators are on BP but I want to understand what goes into the analysis for various strategies. ...
Tuli Jakobson
Owner-Occupied duplex in a competitive market
Hey all,I'm currently looking to buy an owner occupied duplex as my first property. However, I'm finding that most places in my area (Eugene, OR) don't even hit the 1% rule (did this used to be 2%?) and do not cash fl...
Cody Weber
Making 1st Home to a Rental and Buying a New Principal Residence
Need some advice on a scenario I am working on. If I purchased my first home for 5% down - 275k @ 2.4% for example sake... what happens if in year 2 of my five year fixed mortgage I am looking to move to a new princip...
Jay Hinrichs
Life Estates Remainder man ?
with all the innovative ways BP readers make money anyone concentrating on this exciting area of creating wealth?