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Hi BP! I am looking to sign a contract with my GC i will be working with for the first time on a BRRRR project. An area the GC and I are having trouble aligning is the liquidate damage clause where a delay in the fini...
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Hello fellow BP's. I have a question, I am seeking to purchase 2 single family houses. The first property is valued at 45K and currently rents for $600 per month. The second property is valued at 35K and currently ren...
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Hi BP community,
I just wanted to share that I recently closed on my first turnkey deal with Rent to Retirement in Illinois. I am busy in a full-time job in Boston and wanted to work with someone trustworthy to get s...
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Hi, I'm looking for some advice regarding structuring a deal through seller financing. The owner of the property is a relative, who purchased the property (condo in Miami) for $200K in 2014. She's 90 and looking to re...
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There is a grouping of 6-plex buildings for sale...a total of 12 for a total asking price of $3.2 million. This would give me a total of 72 units. The problem is that 1/4 of the buildings are vacant. The tax asses...
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I am trying to figure out if there is a way to buy an investment property with my VA and use my LLC for the purchase or a way to transfer it over to the LLC afterwards. Is there anyone that is familiar with or at leas...
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I am in an unusual position. I have taken over the family trust but it is specifically written that I cannot sell anything until my older sister, who is mentally handicapped, passes away (except if needed to pay taxe...
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Acquisition cost: $90,000
Rehab: $50,000.00
Projected Rents: $3000.00 per month
2 houses , 1 lot;
House 1: 1 bed/1bath 800 sq feet Market rent: 1100/month
House 2: 4 bed/1 bath 1400 square feet $1900/month
I think...
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Hi, I'll try and keep this short, but I'm a little clueless.BackstoryI own a rental property that I want to sell to my son and his wife. The property is worth around 100k, but I only want to sell it for 40k (the remai...
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We have identified a property we'd like to purchase, and could sell another investment and do a 1031 exchange, but an interesting option has presented itself. Another investor friend recently purchased a commercial w...