Hello everyone! I just had a few questions. I'm a newbie. Is it best to invest out of state for your first deal or is that too risky? My friend an I have some cash stored away an we are looking to invest but our area ...
Hello! For those who have STR's and have a 3rd party management company in place - do you collect income directly and then disburse a percentage to the management co for their services, or do they collect all income f...
So the bottom half of the duplex I’m living in is rented out and I’m trying to figure out what my next step should be (aside from getting a broker’s license. That’s happening.) I see 3 good options and I’d like to hea...
Hello, beginner here, seeking advice on selling a house rent to own. I write the figures out and the numbers make sense to either make a nice lump sum at the end of the term or they back out and you've made money on t...
I did some investing in the '80s and then REO departments were willing to deal, like financing the rehab and the puchase what they called "in-house" loans. I wonder if any of you insiders can enlighten me if this is s...
Greetings,The deal (Triplex, 3-unit) VA financed loan (no money down!)purchase price- $400,000 @3.375%property tax- $1200 AnnualInsurance- $1000-1200 AnnualUtilities $3600 (water only) Annualother cost ($200) Annualva...
Hello all, I own a small business with 18 employees in a real estate related field. I'm very familiar with buying/selling real estate. I've dabbled in it, flipped 5-8 houses, been a real estate agent, and had a couple...
BP'ers!So I'm trying to find an "investor friendly" title company. So I started calling title companies and the first one said that it's "frowned upon to make any money at all off of a housing transaction unless you a...
Not looking for official legal advice here, but what would you do if you found out that there were 5 cop cars surrounding one of your properties trying to gain entrance? I am remote in another state, but told my manag...
Good Morning BP, So yesterday I put in an offer for my very first investment property. It's a C class property that from my analysis would give a Cash ROI of about 20%. Needless to say I was pretty exited about it. La...