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Hello all! I'm curious what everyone's experience with private lenders is like? What are the main pro's and con's? What do you look out for? Are there standard rates or parts of the experience to note and expect? etc....
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What are your thoughts on a Property Management company that operates without a contract between them and the property owner?
Was inquiring about a property and the current property management company stated that the...
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I initiated a 1031 on October 18, 2017 (a flip I owned for 4 months), and now realize it may fail. However, I've already filed a 2017 return. Will the sale be recognized by the IRS as a short-term capital gain in 20...
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Hi,This is a question I have regarding an income property my partners (3-4 individuals) are looking to acquire. I spoke with a mortgage broker and it is best to purchase as joint tenants with our individual names list...
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Hello Everyone, i'm quite new to RE and i'm looking at my 3rd deal which is a duplex. The owner acquired the property through tax lien foreclosure over 2 years ago and has been renting it out. We've been in the negoti...
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Hey all, My name is Cody, and I am a new member on this site, I was referred to BP from a friend, and I can say I'm very impressed. It's amazing how pro investors are just happy to help people that are just starting o...
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I have a few questions in regards to a short-term rental inquiry:Background: I have ALE solutions contacting me about one of my single family homes for rent. They claim they are searching for local home owners displac...
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I was approached by ALE solutions to rent out my home for 25% more rent per month, they can only do a 6 month lease with the option to do a month-to-month extension after that.Are they legit?I have read some horrible ...
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I purchased a 2 acre tract of land right off of the interstate in a small town in Louisiana. It currently has 1 4plex building that rents for 700 per month per unit. They are 800 sq ft and 30 years old. My intentions...
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Hello to every one,I am currently thinking about building a home for profit instead of doing a fix and flip. I currently do not have a lot of cash on hand, however, I know a couple of people who do have quite a bit of...