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Hello Everyone,So I had a response to a yellow letter I sent out to an absentee owner that was quite interesting. I spoke to this gentlemen for over 90 mins and found him to be quite the sophisticated investor at 75 y...
I'm in the process of inheriting a 12 suite bldg from grandparent. The bldg needs almost 200k in repairs but I know the monthly gross can be at least 8k a month. Not including a restaurant storefront on the property. ...
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Hi everyone!About 6 months ago I began my journey to establish a passive stream of income and build a portfolio of rental properties. My practical experience as a Finance/Accounting Professional coupled with Brandon's...
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How do you finance a second property when you're on a fixed income? And I can't use my FHA/VA, because for those loans I have to live in the property. Is conventional the only way to go? There's a second property I'm ...
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Hi fellow BPers! We have some questions for those who are familiar with the VA loan for active duty military.We went through a mortgage broker and locked in our interest rate and lender's credit last month with a Rate...
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Hi All, did a bit of a search on google, but still a bit confuse on this. Any Ideal might help me out here.
Now Currently, I'm investing in FL, and it's doing so so for me at the moment. My family been suppor...
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When calculating cash flow, we use 6-8% vacancy, 6-10% maintenance and 10% caps. The question I have is, if there are more than one house rented, how an invester will manage each of the accounts. If we need to look at...
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Hey all, so kind of a strange question, but:
What’s the best contract template to use to have a family member “trust loan” me money with an unknown return and returning their principle (and profits) in a set amount o...
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Hey Everyone!My name is Jeremy and I am new to real estate. My goal is to buy my first rental, most likely an apartment or condo, by the end of this year. I would love to get in contact with anyone whose familiar with...
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Very interested yet very new. Was wondering where to start. Do I need licenses?, a minimum credit score?, how much should I save before I get started? Any help is much appreciated