Everyday I'm thinking about being Exceptional..

1. Helping others

2. Taking care of tenant issues quickly

3. Managing finances effectively

4. Look for opportunities

I receive great...

Hey everyone! It is an honor to officially join the BP community. My situation is a bit complicated. I and 4 friends are joining forces to build a duplex (or two separate units) in one parcel from the ground up. One u...

As the regulatory landscape has gotten more complicated during COVID-19—with a halt on evictions and late fees, as well as other local laws being passed to help keep renters in their homes—property managers and their ...

This is my first time browsing this forum. Please be patient with me. I am sure some of my questions have probably been answered before. My aunt purchased a property in Tucson Arizona with a single family house. The h...

I understand how the 50% rule is a useful tool in quickly screening through deals. My question is how do you apply the 50% rule to the property as a going concern? What I mean is, are investors paying their expenses a...

Hello All

We just applied for a Heloc this is what is being offers to us. Please advise all input is appreciated are these terms considered reasonable or should we apply with another institution.

You have been condi...

Hypothetically,

if a mix property (commercial main level and two apartments above)
only has $80k left on a $350k loan
and the property is worth $500k
and the taxes are $12k/yr
and the rents are $4k/mo
and the owne...

Currently looking into purchasing a 3 family property. It’s being sold as is and looks as if the appliances (stove/oven/refrigerator/washer/dryer) are about as old as the house (alright, maybe not that old but still.....

Garden style apartments with off street parking (no covered parking)
Building Attributes: Exterior Walls are Brick/Masonry and Pre-Fab Wood Land 2 Acres

Total Units: 24 (1 bedroom- 18 units; rent $850) & (2 be...

I currently have an LLC set up for a website I was working on. I have credit cards and bank accounts tied to this LLC. The website never took off, but I have maintained the LLC. I would like to repurpose the LLC for r...