I have enjoyed the BP forums and resources these past few months though this is my first time seeking advice. I bought my first MFR deal within the last month here in Chicago. All going very well. Learning a ton and ...
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Hi guys! Wondering if anyone has a good real estate lawyer? I've talked to a couple local guys that didn't have much experience in JVs. I'm wondering if someone can recommend a good real estate lawyer to draft up a JV...
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As a newbie investor interested in buy and hold properties. Should I get a LLC before I get my first property? If no, when or what is the threshold when a LLC is needed?
New to this forum. Considering a condo in Downtown Phoenix as an “investment plus inheritance”. Daughter just got her first job, and will likely live in Phoenix long term (she is engaged to a local). So this could be ...
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How do you build and find a network of trust for long distance investing? It has to come with additional risk not being able to see the property first hand as you are relying on an agent/contractor to do the initial c...
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I live in San Diego. The property prices are sky rocket high but still people are buying? Is this a good time to invest. I’m thinking to buy and hold the property. Any advice will be very much appreciated.
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Please help a newbie out. I am finding bp as a great source of information so far and trying to take the next step in becoming a landlord. These are the numbers i get running through the deal spreadsheet. Thanks in a...
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My wife and I have been looking at houses for about 3-4 months now. This will be our first house and we've been approved for an FHA 203(b) loan. It's been a rollercoaster process for us. We've found 2 houses we ...
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I'm an optometrist, and I recently purchased a piece of land $326K. I put down about $77K. The loan is for 5 years with an inflated payment at the end of the term.
The initial goal was to build a clinic (instead of r...
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Quick question about an investment property I'm purchasing.
Purchase price of 100k (cash)
Rental rate of 800-950 (let's use 875 as a mark)
$365 out of my pocket every month for HOA Taxes and Insurance and management
...