Ken Williams
Help anaylize this deal..
I am looking into a 25 apartment unit. Here are the #s:
List Purchase price- $745,000
Down payment- $90,000
Gross Rent (with 5% less vacancy)- $171,420
Less Expenses- $82, 930 (46%)
Net Income- $88,490
Mortgage/Deb...
Thu Dinh
Stolen Security Back Door- Should I ask Insurance to cover?
I am experiencing the colorful rainbow of being a new landlord. Please send help... I mean I would really appreciate your thoughts!I just took over a turnkey from Rooftop with tenants in place. Life was good. Until......
Dan Franks
Possible Four Property Purchase...Advice Needed!
Wholesaling has been my sole focus since starting in real estate, but I have been keeping my eye out for an owner finance deal to get my foot in the door of owning rentals.
I have found a seller who is leaving the co...
David Jones
foreclose on a tax lien
What can you do to insure that your legal expense for foreclosing on a tax lien is recorded in the case that the owner pays off the tax lien before the foreclosure goes through, so that in order to pay off the lien...
Darius Davis
New to BP, but no stranger to investing, from Minneapolis, MN.
Hello all,
I'm new to BP, but not new to investing. My name is Darius, I am from Minneapolis, MN and am looking to get back in to REI. I've bought, owned, and sold a number of properties (3 SFH, condo,...
David Orr
My IRA won't rollover my funds into my Solo 401(k)
I have a traditional IRA with SDIRA Services, and I want to rollover all of those funds into my Solo 401(k). The IRA company is giving me a hard time about it because they are expecting a 401(k) company to send them ...
Brent Wooster
Buyung a foreclosure that has two mortgages:
Looking for some insight on buying a foreclosure property where there is a second mortgage on the property. Specifically trying to figure in which order is it best to begin, working with the holder of the 1st mortgage...
Gary Charlton
Is this HML scenario possible
Hi,A bit about me:I am Australian and I live in Australia. I am looking to invest in Multifamily deals across the US. I currently have some property in Florida.I have found myself a deal in Texas that I am very keen t...
Zak Hood
Sponsoring broker to start a property management company?
Hi all,I've recently passed my Illinois broker license exam and am shopping for sponsoring brokers. I'd like to start a small property management company. I already have an LLC, a sole proprietorship, and a small por...
Layn Minyard
HUD Wholesaling... Realtor?
Hello once again all! I'm digging in more and more to all the different strategies and vehicles that can take me down the road of success. Without being able to find a mentor and attending REIA meetings to no avail re...