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I'm about to purchase my first distressed note on a property near Chicago for a whopping 1.98% of UPD it'll cost $977 or so. Original loan value was for $52,000 the property is worth $35,000 after doing some research....
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Hey BP folks,I just purchased a duplex (2b1b x 2), with the following numbers.- top unit: vacant (previous owner lives here)- bottom unit: $650/month (good tenants, rent never changed since move in since 2012, market ...
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Hi All, I'm taking the plunge and have made the decision to become a RE agent. I would like to use it as a jumping off point into REI, by learning the industry, making some money and doing some networking. Eventually...
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I'm closing on a new deal in an Oppurtunity Zone, as designated by the tax reform bill passed in late 2017. Are there BP folks that buy in these areas? Do you need to setup a fund before closing to take advantage of t...
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Formed a 3-way LLC partnership in 2018 but no business was conducted. How much should it cost to file and does each partner need to file separately? I received a quote for $600 and this seems outrageous. Also, does an...
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I’m possibly buying a house where the one owner might stay on as a tenant one of the units. I want to offer first right of refusal on a lease, but I also want to make sure that they would not be able to establish resi...
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Hey guys! We just closed on a 48 key hotel earlier this month in the Ozarks. That now totals the number of hospitality doors I have under ownership/co-ownership to a bit north of 60-something. This has been an interes...
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I have an interesting issue - I hope this is the right place to post. I have access to private funding (parents) but we don't know how to structure it so I'm the only one on the loan/deed. It needs to be an non-owner ...
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Looking for someone who can help explain to my wife and I how to go through purchasing a duplex as owner occupied and renting out the other for passive income. This would be our first home
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So I am a new to commercial investor. I appreciate every and each one of your inputs guys!I was looking for operators, small home operators so I could help them to rent another home and earn more money. I came across ...