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Hi All - I'm pretty new to the BP community but I'm highly motivated to officially get started with REI via a 4 unit multi-family home. My current plan is to live in the downstairs 1B 1BA apartment, Airbnb two of the ...
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I am new to wholesaling and want to start marketing to find motivated sellers. I am ordering bandit signs and making flyers. I also want to send out postcards in the mail. Where do I find mailing lists and better yet ...
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I've always been so impressed and inspired by those of you buying properties in LOC areas, fixing them up, and cash flowing or flipping. I went more of a conservative route - Bought a $400k house in Austin, TX pre cov...
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I'm currently in the process of doing a cash out refi on my primary, and plan to use the proceeds to purchase more rentals. I am planning on counting the loan as a loan not secured by my home per IRS publication 936. ...
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any suggestions on how to calculate a safe but not overly burdensome reserve fund for single family homes. How much should I put aside for emergency repairs.
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I'm interested in purchasing a condo in Toronto and renting it out. I don't have much experience with real estate investing. Is this a bad idea? Is there a more viable option to get my foot in the door?
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corrected post - "I currently own the condo not owned as previously stated" - Condo is in Miami, FLI own a condo 3/2 and 1/2, 2 stories; bought pre-construction and closed in 09/20 (first deal). Condo is currently re...
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I am evaluating different turnkey providers and running my own pro-forma numbers. What I'm trying to get a handle on is what market value the property tax is based off - the pre-rehab value the provider paid or the po...
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Hi BP family, I have never purchased a Multi-family property before so I'm hoping I can get some advice on, what requirements lenders are needing from me? Should I find a good deal and then get pre-approved? What else...
Two questions:
1. An agent recently sent me a P&L statement (it looked home-made on a word doc) from the seller, in addition to a "proof of income" from AirBnb/VRBO. The proof of income sheet from AirBnB looks le...