Hello BP,
My family and I own a four-plex free and clear and have been thinking of opening a line of credit. We will use this line to acquire other buy and hold investments (maybe even a flip or two).
After purcha...
I'm going to paint a hypothetical here, and please forgive me for being a complete noob.Here's the hypothetical:I'm looking to buy/hold long term and have settled on a 4-plex with some nice value-add opportunities. (H...
Hi, I've grown up around the rental business as a kid and now at 36 yrs old looking to get into it myself. I'm located just north of Chattanooga TN. I'm looking at a couple of options for my first deal and mainly jus...
Hello, what are the benefits and disadvantages of a current area been changed from residential zoning to commercial? How does it impact the homes in the area (in terms of taxes, property value, etc?
Hi Everyone,I have a tenant that has asked for a lease purchase option on a property I own outright. It occurred to me that I could do a seller finance deal and perhaps get a better return. I have had the property fo...
Hi.. I'm about to write a letter to a property owner that have a place I'm interested in buying. I already own a home on this same street, should I mention this in my letter to the owner? They appear to be absentee la...
I thought Refin agents would be bottom of the barrel, but I saw a house with one yesterday and I liked him a lot. He was quick to schedule the appointment and knowledgeable. And apparently, they make a salary, not com...
I have the opportunity to buy a duplex with seller financing. After running the numbers I know that to make this a good deal the most I can pay per month is $600. What would be the advantages and disadvantages for bot...
Hello,
I have a question. Let's say I have 3 people that want to invest in my real estate business, how do I pay them back? Percentage of the investment, equity, or percentage of cash flow??? help. I want to keep th...
I have a broker's license on the inactive status. At a recent REIA meeting a few of us licensees were talking about forming a real estate company so we could gain a competitive advantage through access to the MLS, co...