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I had an offer accepted yesterday but the seller said that if the property doesn’t appraise for what I offered then I will have to cover the difference(offered 315 and it was listed at 300). I then tried to put in the...
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I'm ready to move beyond analysis and actually acquire my first property. If I'm setting my goal for a property that's 100k or less would the ideal amount to have saved up be 36l? I figure that would handle 25% down a...
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Hey,I am currently looking to refinance a few rental properties in NJ owned under an LLC. It seems these kinds of loans have disappeared from the market as soon as Covid created havoc in the markets. This means I cou...
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Hi Everyone! This is my first time signing up and posting but I've been a fan and avid reader on BP for a long, long time. I'm excited to finally jump in and make connections with all of you like-minded people here.My...
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Hey BP fam, So I'm in contract to close on a 7-unit bldg by the end of the first month..first deal, hopefully. Had the inspection done and there is clearly work that needs to be done in the $5-$10K range, incl some w...
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I know of a property that the owner has died. Their is no next of kin. The home had a small fire in the living room and so the house needs work. The town has placed deficiencies notices on the property and I am told t...
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Hello all,I'm a civil engineer and have always thought that this was my calling in life. I learned though as I made my way up the ladder and finally got my professional engineering license that the higher I went, the...
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Yes. I said it. It goes against the grain of popular real estate teachings. But having goals might be hurting your business. I’m also a pessimist, if you couldn’t already tell. Let’s translate this. Your goal is to l...
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So I was browsing on "another" forum and saw this posted. Admittedly, it gave me a glimmer of hope for this country's future.
Valedictorian Speaks Out Against Schooling in Graduation Speech
by Erica Goldson
Here I...
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Hi. I currently do all my real estate investing through my Self-Directed IRA LLC. Consequently, I don't need to report my income since it all goes back into the IRA. Up until now, I've been investing on my own, but...