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BP-I turned my property over to property management in May of this year. Took 2+ months to find tenant. Selected tenant is now botching payments in month #2 of lease. In essence, PM has managed for 5 months- I have no...
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Hello,
I've been doing a lot of reading and listening on BP and most investors seem to say that getting your Real Estate License is a good idea if you're looking to start investing.
I've decided that it certainly can...
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Ok so the more and more I learn about REI the more I learn that its all about numbers. Bassically making lots and lots of offers.
My question is what about with a real estate agent is involved.
For instance say you ...
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Hey everyone,Been lurking around BP for a few months and finally decided to start getting more involved. I've lived in Charlotte, NC for a few years, working as an accountant for one of the banks here. I'm interested ...
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Hello all! I am looking for anyone in the Twin Cities area that might be able to help me gain experience managing a short-term rental. I have experience in property management, am a current leasing consultant at an ap...
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Hey! I am looking at 2 potential fixer uppers in gloucester county for a personal residence that I was thinking for a 203k loan. I am new to this process but I understand that it needs to be done right and someone exp...
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I don't understand the numbers here. Looking at a $180k property in desirable area of Texas.
Purchase Price: $180,000
Down (20%) $36,000
Closing costs $8,000
Rehab costs: $15K
Comps/ARV: $220,000
Refi Loan (80%)...
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Hi, I was wondering if anyone has been involved in originating or receiving loans from a 401k to purchase a property. Not taking a loan from your personal 401k, but loaning funds to someone (or being the person that r...
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I have a closed 18 unit hotel in my community and am interested in analyzing the feasibility of converting it into one bed room apts. Has anyone been involved in a conversion or know someone that has? General cost per...
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I am a new investor and have been analyzing deals to find my first flip. I am super excited to take this step and I have read "Estimating Rehab Costs" by J Scott and I feel confident that I understand the basics. But ...