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Investment Info:
Townhouse fix & flip investment in Virginia Beach.
Purchase price: $142,500
Cash invested: $30,000
Sale price: $238,000
Contributors:
Sierra Alderman
Thi...
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Just closed on a duplex and have a property management in place.The duplex has been repaired and rent ready.Quick question on my place being the owner, can I ask my PM for the information on the prospective tenants? C...
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We are several conversations into the opportunity to buy a neighbors home. I do plan to run this all through a real estate attorney but would like feedback on options.
Relevant background information: The property is...
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Good afternoon,We have a tenant who only paid partial rent in December. She has indicated that she'll be late again for Jan rent. According to the leasing agreement, we can legally evict her, but we wanted to save tha...
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I’ve got a 1-year contract with my property manager & then after the year expires it becomes month to month automatically. I want to get a new PM earlier though because the current PM is horrific. They take foreve...
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I believe I have read every article on BP about financing but I'd like to know your guys strategy on how you financed your first investment property deal. I have little money down and looking at around $300,000 price ...
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Hello BP,I am working to close my first deal and I need help. Since I am just starting out, I probably have some of this wrong. The potential deal is for a late 70's 3/1 SFR on an acre in a desirable section of Mari...
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Tampa based property manager here. To say the past few months since the storms hit have been challenging would be an understatement. But something happened to my business in November that may be a larger issue for man...
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Hello All,I have around $200k in equity in my primary home. I own 2 other rental properties. I have a pretty large emergency fund in place for those properties, but I wonder if that capital could be better employed ...
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Is it a good idea to use a down payment assistance program? I want to get a house and I don’t have quite enough for a down payment I’m trying to think of ways to come up with a down payment I’m planning to use an FHA ...