I'm relative new to real estate investing, and like many, I got my start by turning my primary residence into rental property. I have formed an LLC to take ownership of these properties to better protect myself and fa...
Hello everyone!I am, potentially, getting ready to start building my first SOW to fix and flip a single family home. There is quite a bit to do and, while I am comfortable with Excel enough to make and use my own spre...
I was talking about real estate with a friend this weekend, and the subject of Adverse Possession came up. (In a nutshell, if you are possessing a portion of someone else'e property, after a certain amount of time, yo...
I have a really quick question.
So, I am quitting my job next friday, and would like to roll my 401k into a self directed 401k. I am just wondering how long I should expect the whole process to take. Also, is...
As someone who's had some exposure to the A&E industry, I know how important it is that projects finish on time and on or under budget (preferably the ladder). This same rule applies when trying to manage contrac...
I listed an apartment recently, available 7/15, showings start 7/1. I have received 75 inquiries (and counting) and have 20 showings scheduled between 7/1 and 7/8. I expect to receive multiple applications in that fir...
Hi BP friends,
I'm trying to learn when the diligence process happens in the purchasing flow of a mobile home park. I know theres a lot you want to do once the property is in escrow (check the sewer, confirm financia...
Hello mortgage professionals! We applied for refinance for our primary and investment on 9/19. It’s 12/19 and still no sign of closing. It’s the pandemic they say... Is taking more than 3 months normal?
When loans are in foreclosure, the tendency is to rely on your foreclosing attorney or trustee to do their job and accept their advice without questioning it. I believe that this is what most big banks do. They blindl...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $160,000
Cash invested: $8,000
Duplex in Lakeland FL. 2/1 each unit at about 850sf per unit. Bought for 160k...