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We're looking to purchase a second short-term rental property (beach vacation area), but this time around we're considering going bigger and intending to add significantly to the property. The purchase price is around...
I needs some BP help on how to adjust my ARV based on location issues. I often come across motivated sellers who's house is located:1) On a corner lot in neighborhood. Meaning there is an inner subdivision street on o...
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It came up in another thread that some of you always have your prospective properties inspected. Of coarse I look over each property on my own. I test the electric for grounding, and examine the main breaker panel f...
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What exactly does it mean if you buy the right contained in a Sheriff's Deed?
If the property owner were to redeem, do you get the amount from the Sheriff's Auction?
What is involved with completing the...
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Hello All,My mother-in-law and I have been discussing working together on real estate investments for a few years. She's getting close to retirement and wants to get her feet wet now so she has something to keep her b...
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We are preparing to close on our second investment property (SFR) in the next month. Like the first, in order to secure financing with a competitive interest rate and 20% down, we put the loans in the names of the LLC...
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I live in Suffolk County. I need to live on Long Island for about another 4 years (once my teens are old enough I am more than likely outta here). I currently rent a townhouse type unit. Absurd rent. I have dispos...
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We just completely rehabbed a home. Kitchen/bath down to the studs. Home is in Missouri. We were told that we can't call it a "new" kitchen but must use the word newer. Same with like "new" appliances. Etc. Is that tr...
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Hello BP,I close on a property that will be a STR at the beginning of April in Jacksonville Beach, FL. The main house (3/1.5) does not need much rehab to get it up and running. There is an addition that I will be conv...
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I have been under contract to purchase a foreclosure for approximately 100 days. Pursuant to the purchase and sale agreement, the seller is now in default because it has not closed within the specified term. The prope...