David Smith
Private financing letter for offer on a house
I am going to make an offer on a house where I am putting 50% down and my friend is going to loan me the remaining money in a private financing deal. What sort of letter do I need from him to present when I make the ...
Brandon Mason
Lease Option on a fixer upper
I'm new to BP, looking for some advice. I am a contractor, and I've had a property fall into my lap. A gentleman from out of state wants to sell his successful rental but it needs a lot of work. I want to set up a L/O...
Calvin Watkins
First Purchase to Begin the Journey
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $70,000
Cash invested: $3,600
Currently house hacking this location with my brother and his new wife. Currently in ...
Sean Connolly
Massachusetts Lead Paint Law
I am renting to a family with a child (4yrs old) for the first time and am getting a lot of conflicting information as to what needs to be done. Some have told me it is required to get tested before they move in. Some...
Wilson Brea
Hey everyone ! Boston kid here
Hey everyone! I am an 18 year old junior in high school from Boston,Ma... I know people think us young "adults" don't know what we want but I know I do. I have used biggerpocket to help me learn more about real estate...
Brett Wagner
Help analyzing 1st deal
3 units on 3 acres. For all 3, $115,0002 mobile homes1 SFBoth mobile homes are owner-financed: Unit 1 $800/mo. till 2024Unit 2 $612.91/mo till 2031The single family home has been gutted and is not livable. The ARV of ...
James Brown
Potential BRRR in the true north- Need some perspective
Hi all, I've been looking at a house in the northern Yukon as a potential rental property / house hack, but this would be my first house purchase and I'm having a hard time convincing myself it's worth pursuing.The ho...
Tesfa Nicome
My seller hasn’t filed taxes on her LLC for 15 years
My seller has a property established in an LLC she hasn’t filed taxes for in 15 years. I called tax office and they informed me approximately 5,000 is owed to get the LLC in good standing.
Which I’m assuming will pr...
Matthew Rogers
Speaking with Property Owners
I'm in the process of searching for my first 4 unit. I'm the type of person that likes too know as much information as possible so I can make the best decision possible. When you guys purchase investment deals do you ...
Skylar Vincent
Multifamily Analysis – Sample RR/P&L
HI! Thanks for any help you're able to provide!I want to practice analyzing Rent Rolls and Profit and Loss statements.I am able find separate reports online but I'm having a heck of a time finding examples of reports ...