I have already read a lot of threads on this, I just want to confirm what I know and make sure I am on the right track and not missing anything important.1. When transferring a rental property from your personal name ...
Greetings BP family!I want to know how many landlords here give receipt or confirmation of any form to acknowledge rent received from tenants? From my perspective, it can be used to:1. make tax reporting easier2. reso...
Does our answers match? What is the ROI on this property?Details:We are on a 50/50 split and Investor requires 12% ROI annually as a partner...Does this PENCIL?This is a 102 unit, C+/B- MF property1st year: Current Nu...
Hello BP Members,I recently bid on and "won" a property at an auction that occurred this past early March. Prior to bidding, I did my due diligence and felt comfortable bidding (i.e. ensuring it was a 1st mortgage, t...
Hi BP,
I’m a newer investor, only purchasing our first real estate investment property in 2020 (SFH). Our 2021 goal is to buy a small multifamily, preferably 4 units. I found a property that is in our focus Atlanta ...
I would like to confirm the necessary contracts and documents needed for a Seller Finance transaction. I've reached out to some title companies in Phoenix, AZ, to determine their investor-friendliness. However, I want...
According to a recent article published by the Huffington Post, former employees of Bank of America have filed sworn statements about the bank’s unethical conduct toward borrower’s seeking loan mods or due process on...
Okay. I think I have this right but Since I'm dealing with a lot of money Just wanted confirmation. Because it's a lot of money.
I moved into my house as my primary residence and lived there from June 1st 2015 thro...
I am new to removing walls. so can someone confirm if this wall is load bearing or not. I am assuming it is not because there is no header running across the ceiling to the right of the wall. Is the correct?
Two-flat inspected yesterday, nothing major but neither furnace fired up, both are 15-20 years old. Preparing contingency request(s) today. What is the likelihood that the seller will replace the furnaces?