My first deal. Stats are below. Tri plex in a B area Lakewood, OH area. Needs appx $8-$9k in work done to bring it up to par.Thoughts/Peanut gallery comments/Whatever, let me know if this deal is plausible or I am mis...
Hoping that someone would have an idea on how to navigate this situation. My grandparents passed away some time ago and they did not have a will. They have three children, one of which who lives in their house (my unc...
New old guy to RE investing. Live in S FL and work in Central FL. Looking to buy first income property. My goal is income replacement so that I can retire some day. I'm interested in SFH and multifamily as well. After...
I heard that commercial loans are a challenge to get, I was wondering if this is true. I read and researched that the property needs to make good money in order for the bank to approve you. Do you also need assets f...
"I got a 6.125% rate on my house because of my expert negotiating skills"
"Oh wow! I need to get like you and also get a 6.125%. How'd you do it Mr. Smart Guy?"
When you are on a never-ending quest to find the lowes...
Hello bp. I am a real estate investor in South Carolina. I do flips and buy and holds. This year while doing my taxes my cpa said it would be beneficial if my wife or I became a realtor. So I was looking to this great...
I bought 3 rentals in 2018. With the new tax law I can deduct all rehab costs AND I can deduct the value of things like floor cabinets etc. (about 15-20% of the total purchase price of each unit!) which is a big deduc...
Must a landlord perform background/credit checks on prospective tenants? I use the standard Texas Apartment Association application and on there it does ask about their background but I'm sure many people lie abou...
Can anyone do a syndication deal or does the sponsor have to be accredited as well?
I have been all over the internet looking up info on syndication. I know how it works. I know it is regulated by the SEC & so o...
Hello BP, I'm trying to get myself to the next level and here is my situation:I'm currently in the military and I bought my first VA home off of the MLS for $90k with no money down. I spent about $20k to renovate the ...