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I purchased the small condo 3 months ago in Memphis are, and my first tenant moved in this month.
I spend amount of money for repair the unit.
Within a month after the tenant moved in, two issues happened already an...
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I'm finding a lot of mobile home parks that are not allowed to replace a mobile home once it is removed from the park. I've done my homework on these, and this is a new bit of information to me. Does anyone have any a...
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Hello All, I am currently in talks with a potential client. His end goal is to "obtain" a warehouse for his business. He will not be manufacturing any products he will only be warehousing the items he receives till he...
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Hey BP!My very first post here! Anyways, here goes. I think I already know the answer, but figured I'd double check anyways.My question is with regards to how Ernest Money is to be handled in a specific situation: An ...
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Hello,First time investor here. Received an inspection report on a triplex. Really thought it was a turnkey investment with inherited tenants. Using an FHA loan and will be living in one of the units for the first yea...
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Good day, BP,I’m trying to understand why hard money lenders keep turning me down on my rehab project. The deal:Paid 60k cash for house needing total rehabAnticipating needing a loan of 150-175k with an ARV of about 3...
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I am going to use this thread to update everybody on my progress on a daily or weekly basis. My goal is to have feedback, encouragement, debate and constructive criticism. I had originally started a blog for this pu...
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Hello everyone,I hope you are doing well.I am a bit confused on which insurances to get, i know there is the homeowner insurance, and I will be requiring my tenants to have rental insurance. Does having an umbrella po...
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Hello BP community. My wife and I bought two SFHs in Austin before the boom. They are built in 2021 and I don’t know the exact value of these properties since the appraisals but based on comps they have quite a bit of...
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Purchased multi family in December of 2018 been renovating and close to getting tenant in soon... when should I go about getting a LLC should I have gotten it earlier?