Clayton Howard
Definition of a True Turn-Key investment
He I’m curious to know what you guys can give me on what’s the definition of a “Turn-key investment in Realestate in particular buying and selling a home. What would a deal be package like to would be considered turn ...
Clint Morris
MHP Deal Analysis Review
Hey All,
Looking to transition out of SFH and recently found an opportunity that I'd like to get the communities opinion on. Below are the details:
MHP-List Price $275K
20 Acres
25 Pads
17 Lots have POH - 8 curre...
Curtis Ramsay
tax deed sale with irs lien
Hi bp I am looking at a property in florida that is coming up on the tax deed sale, it has a 150,000 irs lien on it. I have done some research and it looks like the irs has 120 days right of redemption after the sale,...
Josh LaRose
Wholesaling to buy and holds
Good morning BP community - my buddy owns a real estate investing business in my hometown, upstate NY. He started offering an Apprentice program this past summer which I joined. It consists right now of driving for do...
Jered Noland
To form a LLC or wait?
We have reached out to a couple of local investors and we are getting mixed thoughts. One investor suggested to form a LLC and buy properties through a business. They said it would protect us if things go wrong. The o...
Umar Farooq
Can we qualify for a loan based on our income
Hello BP members, currently living in New Jersey renting paying about 1100 a month in rent and officially fed up. Me and my cousin who is also paying about the same amount of rent for his apartment are considering par...
Rich Nordstrom
Laundry keep or have a company do it..
Ok so I have 40 unit complex with 4 laundry rooms
The equipment is aging a little and half really needs replaced. So I had a guy quote me for taking the laundry over. It’s a 60/40 split 40 to me. But he will furnish ...
Account Closed
Cash out refinance and investment property HELP!!!!
Here's the scenario:I currently own a 3 family home in New York that has been appraised at 1.1M in the recent months. I currently have a HELOC out for about 150k for expenses that I have incurred over the past few yea...
Miguel Ochoa
To build in the backyard or not
Hello all
I purchased a home in the east Bay Area with a good size lot 15sqft. I have been looking for deals to flip but my current best option is to build out in the back yard. There is no comps in the area that w...
Matthew Thorp
To sell or hold on to my duplex?
I have a duplex that generates $2800 a month total. My expenses are $1800 total a month. I have a loan of $270,000 at 4% for 30 years. I am trying to figure out my ROI and if it makes sense to hold on or to sell. And ...