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Good afternoon BP! This is my first post ever here. My post might make you cringe but I am 22 years old, active duty military and I am looking to syndicate someday. At the moment I am learning how to underwrite in ord...
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Adding a firepit to my STR in Port Clinton Ohio. Can you guys help me decide on the specs and the type? Are there any hazards I should watch out for with gas? Can you make more cashflow with wood-burning since you're ...
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If the property can generate adequate net operating income to support sufficient debt to finance the property and provide a satisfactory cash return to the developer-investor, the project is financially feasible.Good ...
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What would be your recommendation for a college student who is trying to get exposed to RE in terms of an entry level job? I would be willing to run errands for a real estate investor, do data entry, or whatever. What...
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I’m considering bidding on a single family REO on an online auction. I did my own “title search” and found only one mortgage (foreclosed). In addition, I found that the prior owner has two or three IRS tax judgement...
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You are, right now, standing in opportunity. It is literally all around you. If it was water you would be swimming or drowning in it. In This time, in This place, at This age, at This weight, with These resource...
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Hi BP1031 EXCHANGE @Bill Exeter I have have read most of your posts about 1031 exchange. I think I finally have a grasp of 1031 exchange. We are working with a QI, we just executed the agreement on my BOSTON condo. H...
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Hi BP,I am about to close on my first deal beyond my primary residence which will be converted into a rental next year. This new deal is an off market deal I found on craigslist and was able to negotiate down to a pri...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $675,000
Cash invested: $122,812
We went into this LA property with a SFR homebuyer's mindset. We had never...
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Hi all,I need to come up with a lease agreement for my first tenant. I bought a duplex a few months ago and 'inherited' the tenant so they have been covered under the previous owners lease agreement. My question is ...