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Hi everyone,
I'm a soon-to-be first time homeowner once my father gives me a house he owns via a quitclaim deed. I am just wondering if there are any legal/financial (as far as taxes go) implications in answering "...
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Hello BP Members!
I am very new in my pursuit of becoming a RE investor. I am in the military, 24 years old married and have 2 young children. Because of this I often find myself trying to be very conservative.
...
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I've been looking at multifamily properties on MLS, backpages, loopnet, etc and applying the 50%/2% rule to them. I've also been looking at the cap rate, cash on cash return, IRR and NPV. On the surface, none of thes...
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1st Post in BP. Newer resident in Ohio. Was previously investing in SW Florida, where I have 2 rentals. Have taken a hiatus from investing in real estate over the last 5 years to buy and grow a manufacturing business...
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I'm selling one of my rentals and received an offer from a buyer along with their inspection report which is full of errors and lists many items as non-functional that ARE functional. I had some minor plumbing needing...
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Hey everyone,
So I'm still in the learning phase of the world of REI, and one of the areas that has interested me is wholesaling. I'm curious to know what some of your biggest complaints, concerns, and horror storie...
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Hello all,
After reading the BP Beginners Guide, browsing the forums and reading a few titles on the best real estate book list, I've decided that investing in residential performing mortgage notes (1st posit...
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Hello BP,I notified a potential new tenant about deciding to go with her and asked when we can meet so she can give me the security deposit and sign the form. She said she can't do that until I email her a copy of the...
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First, here is some background on this deal. My wife and I are new investors located in Houston. This is the second home that we have rehabbed. I thought we made every mistake in the book on the first house, but aft...
At our company right now there is a debate over which is the best cell phone for our company to get.
There are votes for the Droid, iPhone, and BlackBerry Bold. Most of us have BB Curves right now and a big knock is...