My Brother and I are looking to purchase a property that currently operates with 2 units- The building is considered a SFH though and the current owner pays utilities. Is there any issue with this set up that we shoul...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $18,000
Cash invested: $92,000
This was a highly distressed home with foundation problems, previous fire damage, bu...
Failure to Properly Screen Tenants
To secure quality tenants, a rigorous screening process is necessary. Obtaining a credit history is important, but so is getting references from employers and previous landlords. Pr...
I recently sent a tenant a letter notifying a tenant that I will be handling the management of the property they are in and my father is no longer the one they pay rent to. However, that tenant hasn’t paid for Decembe...
I have just found my first deal and am very close to closing it should happen in the next week or so (offer accepted, funding secured just waiting for the appraisal to come through which happened yesterday).The proper...
Good morning all! Wondering if anyone would be able to answer a few questions I have regarding business line of credit vs. private money lender. Once approved for a business line of credit after you have found a prope...
I currently have 2 single family homes under my own name and am looking to buy a 4 plex and am wondering if I should keep buying under my name or buy under an LLC for tax purposes?
Hello BP family. Is there anyone that could give a little insight on transforming a single family home into an assistant living facility? A family member moved out and we want to keep the property so we were thinking ...
My friend and I each separately own one property in Alaska. Property here is very expensive so buying property as quickly as we would like is less obtainable- not to say that there aren't people who are very successfu...
I’m buying a fixer upper with all cash. I’m looking for capital to renovate it & relist it back on the market for a profit. I’d like to avoid any interest bearing loans. I’m more interested in joint ventures, sell...