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Hi BP! My first post. I love this site. What a fantastic community and source of knowledge! I am an investor/entrepreneur looking to do something in a commercial property niche I can't find many resources about: tr...
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I am new to investing, as I have bought my first 2 houses in the latter half of this year. I guess I didn't think this part of it through in detail before starting my new business, but, as stupid as this question may ...
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Option - In legal language, a real estate option is an agreement that grants the party owning the option, the optionee, the exclusive, unrestricted, and irrevocable right to purchase property from the party selling th...
Hey there everyone! I have a unique situation....or at least one I've never come across. I sold a rental home a few months back and no longer have any ties to it. I received a note from the former property management ...
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So I closed on a duplex Friday. I had a sick child so my husband closed in my absence, so this is all being relayed second hand, but here goes. Before closing, I made sure prorated rent and security deposits were in...
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I just purchased an all cash deal that I'm rehabbing and will have an ARV that I'll be able to finance and get back my initial investment (LTV 75%). I purchased the property and fixed it up all in cash, but in order ...
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Ok, so there's a whole back story (and tons of lessons learned--see more on that below) wrapped up in this question, but it essentially boils down to this:I started a flip in April with a hard-money loan. It started ...
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Has anyone ever run into this issue and how do we navigate it? We bought our first BRRRR deal as a bank foreclosure. Took weeks to clean it up and months to rehab. We fixed it up and put tenants in it and got an appra...
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I went to my first REIA meeting the other day.... I was surprised to see that there were only 6 other people there.... The guy speaking was a wholesaler/flipper.... After about an hour of casual conversation about thi...