Hey everyone,So I applied to test for a GC license in California, but was short on experience. My BA got me 24 months of experience and my owner builder experience only gave me 4 months. As an owner builder, I built 3...
How do you buy two rentals in one year? I was going to buy a owner occupied duplex with 3.5% down then buy an investment property using 25% down but my DTI ratio would not qualify for both mortgages in the same year u...
Hey BP family - I am very new to RE Investing. I decided to make RE Investment a focus a year ago, and as of four weeks ago, my wife and I have picked up five properties. Below I tried to give a brief overview of my c...
First my back store. I have owned & managed rentals for 15 years. I've gone through nasty evictions & lots of different tenant issues over the years. I've never had this situation arise so I'm hoping for guida...
Hello All,I was curious if there are target metrics specifically in respect to the following from the [perspective of Risk/Target profile of deal:1. Purchase price per unit: is there a target range for this price per ...
We had a tenant put up security cameras and drill into the wood of our deck to install them. We don't have anything in our lease or rules about cameras. We gave them a notice to take them down but the tenant respond...
Good morning everyone,Quick question on financial due diligence, we have an accepted offer on our first actual commercial property (8 units), the financials they sent looked good, but how do you guys verify what they ...
I was wondering how successful wholesalers, particularly in CA, are determining offers on bank owned fixers. The "70% of the repaired value minus repairs" formula seems to be not applicable in my market. The banks re...
I just graduated flight school and I have a school loan because of it. The payments for the loan are deferred for 2 years, but still accrue interest (interest rate is 7.2% and balance is ~$60k). I intend to buy my fir...