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How does one put together a breakdown of renovation expenses for a commercial bank loan application? Does anyone know a short and simple way to do this? I must be having a hard time seeing the forest through the trees...
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I have done some flips, but never a new home build. I'm doing my first one with an "owner-builder" so pulling the permit is not an issue (I know how to do all the paperwork stuff).In the future, if I need a GC to pull...
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Good Afternoon All!
I heard your podcast today and it really excited me to learn about this community! My husband and I have no one we personally know to turn to for advice in the way of real estate so this a...
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Houston can be tough. If I wanted to invest somewhere else, how do you suggest getting a buyers list lined up without actually being there?
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I recently purchased a foreclosed home and have begun renovating. This was a big step but the first of many I plan to take in the near future. I am interested in owning and managing apartment complexes but until then ...
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I have a basement that my tenant uses as storage. I was thinking of house hacking and turning it into a one bedroom apartment while renting out my three floors. Is that a smart idea or is that permits too much of a ha...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $225,000
Cash invested: $60,000
This was a huge step for us. We had one rental for about 8 years- our forme...
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I'm a new investor and am now considering purchasing a deeply discounted property (I'd refer to it as a 'wholesale' property but I'm learning there a different types of 'wholesale' buying/selling scenarios, so I'll ju...
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Would anyone care to share exactly what documentation you keep from the time you rent a property until the time it becomes vacant? For example, Rental application, lease, move in checklist, move out checklist. I kn...
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Learning: NEVER sign a contract if you are not comfortable with the contents, no matter how bad you want the property.I was a typical BP newbie. Searching for financial freedom, I stumbled upon rental properties as in...