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Hi BP community! I've been looking to purchase an STR for 4 months now but every time I find a great deal there's multiple cash offers. I'm sure many on here can relate. I'm 24 and don't have $300k in cash to put down...
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I received a PPP loan for my REI business which is a LLC. I would like to fix up a rental property I own that is under my personal name. How (or can I ) use the funds I received, to fix this property. Or can I get int...
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Hey all Im looking at a multifamily building. Looks like it already has great cashflow, but the tenants are not on separate electrical meters.What are the costs associated? What steps do you take to separate them?Any ...
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I have 26k to play with on a cash out refinance. I am in the process of buying a duplex but I have some concerns. 75k is the current offer they gave me. I don't want to pay closing costs. The owners are paying for h...
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I am looking to get into short term vacation rentals- specifically in Phoenix. The one thing I can't find is examples of other people who are using a company like Turnkey and what their returns are? Say if I put $50k ...
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I got played like a guitar at a TED Nugent concert.He got behind in rent, gave an excuse said would make it, caught him lying, didn’t make rent up, I gave him 7 day notice pay remainder plus late fee or I’ll have the ...
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I have my first rental property in escrow. I am currently writing up preliminary rental applications and rental agreements. I plan to take them to a lawyer for review and revisions. Lawyers charge by the hour so I fig...
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Hi everyone, bran new here and to real estate investing. Last month i took the little money I had (10k) and used it to pay down my high interest credit card debt. Thinking this needed to be done prior to my real est...
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Hi BP! We just acquired a house we are fixing up and may use as a rental.I found out that the city water/sewer bill AND electricity both stay with the propery. I am used to water/sewer being attached only. Has anyone...
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My Background:
First-time investor, very new to real estate (First post on BP!) and I am interested in starting out in the Memphis market as an OOS investor. I currently live in Mexico and I have read it is wise to s...