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Hello BP,I just closed on my first 4 plex using my VA Loan which means I have to occupy one of the units. I must move in by Jan 1, 2017. All 4 units are currently rented, 2 are month-by-month and the others have contr...
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I'm accused of not paying the mortgage for a home I was renting out. Whenactually the home was sold to to the plaintiff in this matter on a "Subject tothe Existing Mortgage" transaction. The plaintiff missed a...
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Hi BP Fam,As I'm starting to transition into REI, I can't help but to also think of ways I can use my certain set of skills to help the space solve problems.In my day job I'm a fractional CTO/COO and service a handful...
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I showed my rental unit yesterday and had 3 couples apply who all meet my criteria. They all emailed their applications within 4 hours of each other. They are all qualified but my gut tells me to go with the 3rd set o...
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Hi BP,I'm new but have been following along for awhile now. We currently have a few rental units and have long range goals to continue expanding. On a couple of the podcasts, I have heard guests saying that they strat...
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I am looking at potential liability of the following subject to deal. Scenario... seller went into strategic default on primary years ago.. he has been prolonging foreclosure via fraud claims against the bank.. al...
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I'm looking at a duplex for $170,000. Rent is $700/unit. My monthly cash flow would be ~$458 after utilities. Leveraged ROI is 16.2%. However, the CoC ROI ran in BP would only be 12.61%. Worth it?
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I was driving for dollars and happened upon this house that was obviously vacant in a great neighborhood. I did my research and found out the owner was arrested 5/13/2020 for arson. Yes, you guessed it he was accused ...
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Hello B.P. community. I have a quick question,well actually two. I have a opportunity for what I see as a great deal. Well at least I think it is;). Here is a quick rundown.House-2/1Apt.bldg.#1- 5units-(2)2/1, (3) 1/...
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BP Gurus,There is this property in Corinth, TX, which I have it “Under Contract”. Yesterday, I have completed the home inspection and everything looks great on that, with minor repair. My strategy is “Buy-and-Hold” fo...