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I have heard you can accomplish this with a Trust. But how do you make a trust? Now considering I get an REO under contract and plan on wholesaling it and at what point of the transaction do you make it? Before lockin...
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We recently acquired a property with tenants who have been perpetually late paying rent. It didn't dawn on us that our PM has been charging hefty late fees until recently when they sent a statement with the late fee u...
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So, as a budding house hacker I wanted to ask my friends on BP:What tools come in most handy to a novice landlord? What should I add to my list?HammerTape measurePower drillHacksawSanderScrew driversAllen wrenchesChan...
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Disclaimer, not edited. May be riddled with typos. After all of the other books that i’ve read, this is a great way to cap my months of reading and makes me feel like I have enough “research” to move forward. Enjoy. L...
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I'm currently trying to build my first infill spec home. I have most of my soft costs figured out and have a piece of land I'm ready to go under contract on and have vetted. I now need an estimate on the cost of what ...
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Not screening properly.Not running numbers correctly.Not evicting in time.I want your mistakes and your stories behind those mistakes! Please share below.
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As the number of investors swell, so do the number of "so called hard money lenders" Since the recession, a lot of hard money lenders, or as I will call them, "pretend hard money lenders" ask you this question. How mu...
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Peter Harris, for those that don't know, is the co-author of Commercial Real estate for Dummies book. I have read it multiple times and I even watched all his videos on YouTube. One day I finally went to his websit...
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Hello BP Investors,I have a straightforward question - unless you somehow are able to make it complicated. How do you structure your wholesale deals? With the seller and with the buyer? Example - the seller:How long t...
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One thing that continually boggles my mind, and I often hear on podcasts, is how are people able to scale so quickly and buy their 2nd, 3rd, 4th, 5th properties so quickly after the first (often within a year of buyin...