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Just closed on first house! For the first one, tracking expenses won't be too difficult, but I'm looking to setup processes in place to automate and streamline it to scale. With that in mind, what mobile apps (prefer ...
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When it comes to the real estate business, one document is crucial: the operating agreement. It's the plan that describes each partner's roles, responsibilities, and remuneration structure. A detailed operating agreem...
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Hi, I'm looking at some REOs in my area and found one I'm very interested in but don't want to go through the realtors listed on the website (RealtyTrac.com). I'd like to get ahold of the bank directly and inquire abo...
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Hey BP,What have you found best to do? 1. Bring the contract (agreement for sale) to the title company myself? 2. Allow the cash buyer to bring both contracts (the agreement for sale & agreement to sign) to their ...
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I just found out from my mortgage folks that I have the option to not escrow taxes and insurance on my upcoming investment property purchase. I’ve never been given this option before and always assumed you had to esc...
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Good morning! I'm interested in getting an FHA 203k loan to purchase a 2-4 unit home with. Some of the things I've read online suggest that a bank will only lend you that money for a multiplex if you have some cash re...
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Hi everyone,
I’m currently evaluating a multi-family property in St. Louis, Missouri, and based on the numbers, it seems like it could be a great fit for Section 8 tenants.
I’d love to hear from anyone w...
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Hi Everyone, My name is Moustafa and since my wife and I just got married we are looking more into our future to be FI. We both run our own businesses but we feel that real estate will help make sure we both maintain ...
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I’m looking to get involved in rental property investment, development and management (newbie 😊). I have this insane idea that I could make this happen with a family member who happens to be a war Veteran. I’m looking...
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Hey all, definitely need some guidance here and appreciate any expertise offered. I ventured into other avenues in life and am now back looking to become a first time property owner looking for a residual income as a...