I am currently looking to purchase my first two rental properties. Ideally I would like to purchase one single family and one multifamily. My question for this post is about the financing of those properties. Fr...
I own rental homes in Kansas and Missouri. $800 is what I pay in Kansas for property insurance a 3 or 4 bedroom with 2 or 2.5 baths home around 1500 square feet . These are nice solid A neighborhoods.In Missouri, a 1,...
Long story short, really struggling to close on this property in Connecticut. I'm pretty sure that most things that could come up, HAVE come up, or will be coming up soon. LOL.Here it is: Seller and I agreed to purcha...
I have a nice townhome in a great neighborhood (Waconia, MN) that I am struggling to rent. Typically, I can rent my townhomes with in a few weeks, but the interest is very low right now. The listing currently has th...
LP gets first 7% of returns as pref-From 7-12% split is 50/50 LP/GP-From 12-17% split is 25/75 in GP favor-From 17%+ split is 10/90 in GP favorThat means that if the investment did 30% irr pre-distribution that the LP...
Hey guys. Trying to iron our the details of "subject to mortgage" deals and finding little examples out there that actually walk through the numbers. So I made up a real example from my current market and I'd love t...
A good friend has recently contacted me in regards to a primary residence that his parents own in Fremont, Indiana (not too far from Fort Wayne).The property is a bit of a strange cookie. It's very large (multiple str...
Hello all!Quick question! I am newer than brand new in real estate investing. Actually, I have not even dove in yet. The reason...?My wife and I are trying to secure our personal and permanent residence first (And I a...
Okay I have a few questions about acquiring property once you already have a few under your belt.
Let's say you own three houses that are each worth 200k. One is completely paid off and the other two you have 50k eac...
I've recently decided to start a career in REI. To increase my chances of success I've been reading a lot of books, posts on BP and I'm starting a licensing class in a couple of weeks. I also thought about the need fo...