Hey guys, new here. I'm questioning whether to sell inherited home that is appraised at 465k, with 125k left on mortgage. Should I sell that house, with 320k net gain, then invest in maybe stocks, or should I rent the...
I'm currently managing a small apartment complex, and the owner has offered it to me for below market value on a land contract. Roughly $240K value, LC would be $200K with a 5yr balloon. Balance due in 5 years will be...
Good morning BP world! I just recently came upon what seems to be a good deal. I have a motivated seller willing to release 4 properties in a low income area (all in a 2 mile radius) for around 75K. I am certain th...
Do you charge individual processing fees for prospecting tenants even if they are married?
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $50,000
Cash invested: $120,000
Changed 4 unit apartment building into rooms for rent. 3 units turned into 3...
I'm trying to clean up my books and need help resetting my balance sheet - I believe I need to go back in time and essentially reset the initial entries. Basically, if someone can tell me how to set up my books starti...
Hello all, new here. Little background... Im under agreement for a 5 unit building for 420k. The building will net after all expenses 16k per year. Did I overpay for this? I think I’m panicking because I currently hav...
Hello Wholesalers,
I've planned a dedicated phone line, business cards, a website, a Facebook ad, Google ad, and direct mail campaign. These are budgeted and the ad campaign each have $500/month, and $1,0...
Ok this one might be hard to explain...I want to either refinance my paid off SFR or get a HELOC so I can buy a rental property. So far I have determined that my rate at least for a refinance will be about 5.25 for lo...
As someone who came from a Corporate background before beginning to invest “intentionally,” I have a tendency to analyze the pros and cons of every deal. Of course, too much of that can lead to “paralysis through anal...