Hello All, My partner (business not life) and I have decided to get into CRE. After months of research hours of talking, planning, scheming forming the LLC pulling our hair out etc... We have both independently come t...
Lots of people have asked me how to start doing a "Rental Arbitrage" in STR (short term rentals - Airbnb is most popular but VRBO is another way).Rental arbitrage is you as the investor rents a home and becomes the te...
Hey everyone. I am new to BP and I currently do not have any investment properties. I plan to close on something this coming March. I have the idea of starting out with a single family or a condo/townhome for a rental...
I'm pretty sure I'm about to evict a tenant....
What can I do to safeguard any potential theft/vandalism in between the time I notify the tenant I'm going to evict them and when the sheriff shows up (maybe 1 week)....
Hi, I am very puzzled. I am researching on how I can rent out single family houses by the room but it seems like every single HOA rules and regulations prohibits this. I'm in Houston TX area. As far as I can tell ever...
Property appraisal value: 265K
Borrower's down payment: 79K
You 1st trust deed: 132K
Seller: 2nd trust deed: 70K
Two year balloon
In addition to the high combined loan to value, what e...
Today was a day that we all look forward to in real estate. It might not come very often, but when it does, it's a great day. It's called payday! I closed three houses today alone. Below I will walk through the deals ...
Hi BP,I am scrambling right now to make the right offer in the right way by tomorrow noon. I am in the nor cal market and the house has ARV 360 so I figure my max offer allowable is 360-(55k repairs)-(my 10k wholesale...
I hear this ALOT...
"I had a great PM company, paid them $X but they are gone, had to fire them. They were great in the beginning and then..."
What makes them great at the beginning?
What are the biggest let downs?
...