Investment Info:
Single-family residence fix & flip investment.
Purchase price: $57,500
Cash invested: $30,000
Sale price: $128,000
3 Month fix and flip. Profit $27,500. Leveraged a hard mone...
I always hear wealthy investors online talking about how they borrow against their assets to generate tax free wealth. So far I’ve always just reinvested my real estate earnings back into my LLC. If I do a cash out r...
what’s the best way or strategy to ensure renters water the lawn to prevent foundation issues?
1. Executive Summary:
Briefly introduce your real estate wholesaling business, emphasizing its unique approach.Highlight the use of Earnest Money Deposit (EMD) loans and efficient double closing strategies.
2. Busin...
Share my property management take aways from house hacking a duplex early in my investing career. I learned an enormous amount that first year and realized property management was a lot easier than I'd previously thou...
Hello BP,
I'm a rookie investor looking to work with partners on Rent by the Room strategy. I will be looking for duplexes and SF to do this. I plan on living in the property in one of the rooms to start leasing to...
I've seen a lot of spirited arguments over a REI responsibility during the onset of this pandemic. As a property manager for over 300 units, many of whom are owned by investors with 1-2 properties to their name, I do...
Great news for housing advocates and property owners! This week, the City of Jacksonville Municipal Court ruled in favor of PadSplit, voiding citations for "illegal boarding houses" on constitutional and fair housing ...
Hi,Newbie to biggerpockets here.We closed on a house in Chicago and our property manager is adamant that we return the security deposit that was transferred over from the seller. I've read the Chicago RLTO summary and...
I read a lot about houses appraising correctly after rehabs. If you purchase a property much lower than the market is averaging how do you ensure it will appraise with the rest of the market after rehab. I'm referri...