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I have heard different opinions regarding late fees. My properties are in the Denver Metro area, and the currently renting for $1150 per month and I charge $20 day late fee stated in the lease. Is this fair and re...
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Hello! I am interested in owning rental properties in the Bay Area and Stockton areas of California. I live in San Francisco and have a goal of owning my own home (SFH or multifamily) in San Francisco, Oakland, or nea...
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Hey guys! My name is Ben Morand and I am a 20 year old college student interested in buy & hold investing. Over the past few weeks, I’ve been working on analyzing a ton of deals, hoping to find one that meets my c...
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I’m looking for my first deal. Conventional lender who pre-approved me is a REI himself said 25% down payment on an investment property is standard. And they won’t do a loan under $75k (since closing costs would be ov...
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Location: Kansas City Market/St. JosephAmount: $100,000 to investConditions- inventory is low and crappy. What would you do of the following and why?
Scenario 1- Invest all in new flip
Scenario 2 - Invest $50k in ...
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Hello BP community,I am looking to complete my first deal within the next 3 months in the Saint Paul, MN area. I have found a few properties I would like to purchase to buy-and-hold. I have my eyes on two duplexes and...
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Hey all - Looking to start off 2017 with my first BRRR property.This will be my first rehab. How do you typically go about paying general contractors advances for the project? Putting the money in escrow would be opti...
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Ok, so I'm definitely a newbie at this, and am sure that I've got a bunch of stuff in here that'll reflect my experience level. I apologize ahead of time if some of my questions sound dumb.
So here's my situation:...
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Hey everyone, I am looking into real estate investing and curious to know, how you all financed your first deal? I am thinking of starting by flipping, but I do not have quite enough money to afford a 20% down loan. I...
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Hey guys, I have looked around and have been unable to find any in depth books/articles etc on how to go about structuring an owner financed property.
Can anyone point me to a good book or article about this or be wi...