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Hi BP community,I have a confession... I am considering investing in a 'D" area! The other day I was helping someone from my church who's mission group purchased an 8 plex in a "D" area of the Chicago suburbs. They ar...
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A fellow contributor here, John Carbone, sent me a link yesterday to a lot for sale in the Smokies. The price certainly seemed reasonable. It so happened that I know the owner of the lot. He is one of our homeowner...
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Hey everyone, I have a general question for you master landlords out there. I am about to buy a triplex and the situation is as follows:1st tenant month-to-month2nd tenant 3 months left on lease3rd tenant 6 monthsThe...
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Hi, Folks,Want to solicit some input on doing new developments using modular construction.Just to make sure we're on the same page, let me define the distinction:Manufactured homes:Delivered to the final site in a com...
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I want to start a discussion re the due on sale clauseWe are seeing more issues re lenders calling notes due. Some because of mistakes with insurance. But, some due to lenders looking.One lender/servicer is HomeLoan...
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I recently shared my story about how I grew my rental portfolio to 35 rental units and $10k+ in monthly cash flow in about 5 years. Here is the link if you haven't see it.Part of my strategy lately has been doing smal...
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Anyone here doing Mid term Rentals in Las Vegas ?
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I helped a client, @Martin Yung, buy this home in Raleigh, NC back on November 19, 2015, managed a light rehab, and got it rented. The tenant moved in on January 1st, and I wanted to document the process for my fello...
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Hi,
Where could one find the fannie mae requirements for owner occupier bidding?
I am looking for a second home in a beach community where I would split my time between my existing residence and the new house. I wo...
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AND do I have to put a typical down payment amount of cash to secure the property? Finally, can anyone recommend a good book on this topic? Thank you kindly.