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i'm doing some research on a property in a smaller rural town. In the past, under ownership of a long time owner followed by Wells Fargo the property assessed for 34,100 in 2011. After it changed hands to a CPI Hou...
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I want to invest in real estate, but I don’t have any extra money. I’m thinking of selling life insurance part time to save money or should I just put all my focus on real estate? Thoughts/adviseThanks
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Good Afternoon!I will be closing on a duplex this Friday. We opened a HELOC on another rental property (a 4-plex) with 800k in equity. The HELOC is for 190k. I will be using 90k from the HELOC to put down on the duple...
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Hi BP Community
I am in the process to buy an OOS turnkey property in Texas for rental purpose, which is 1953 built. The TK provider has provided me this addendum about Lead based paint warnings, along with the contr...
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I own a small multifamily. I use a 3rd party PM, the property is out of state, and I can't do everything by myself. I track my properties using Excel. I look at leasing trends, expenses, my return and a few other metr...
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Hey Everyone! My husband and I are looking at purchasing a 4-unit property in the St. Paul area of MN. This would be our first deal, and we both have so much to learn. We both are wondering, who pays for utilities?...
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I have been flipping homes for awhile, but I am simply an investor, and my agent and I were talking about starting a brokerage. She told me that she didn't think agents or brokers could flip houses because the E&O...
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Since I've never done a deal before I need a lot of guidance with this.I came across a foreclosure while doing something totally unrelated to RE. I have gotten some general information and I should be able to visit th...
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Here is an example of stuff I see that I think is ridiculous. The property is single 4,000 sq ft building trading at over 700 a sq ft! If this tenant goes dark no way you are getting 700 a sq ft with second generatio...
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I hear the DOB is getting more strict in terms of illegal conversions but I see so many listings for houses that have obviously been illegally converted. I hear the fines are 15k per unit. There are so many listings t...