Devan Mcclish
Mobile home park opportunity. Is this a good deal?
there is a 16 unit mobile home park that I am looking at. They are selling both the land with the mobile homes, and they are asking 590k. Currently they are paying the tenants water and electric bills which totals to ...
Jonathan Pacilio
30k self directed IRA ideas
Hey BP community, I am looking for some creative ideas on what investment vehicles you would explore and try with 30k in a self directed IRA this year.I am already building a STR portfolio and have separate funds for ...
Account Closed
Question about Note investing
I'm in the middle of analyzing a potential deal and trying to think of various "exits" I could take if the primary plan wouldn't work out. The numbers would work for a flip, but renting is probably not a good option,...
Adam Campo
West Baton Rouge RV Park (man camp in close proximity to Dow Chemical - Plaquemine)
Investment Info:
Mobile home hard money loan investment.
Purchase price: $1,450,000
Cash invested: $2,000,000
Sale price: $2,300,000
Letter for bank financing:
"Dear Debbie,
We would like to ap...
Sam Leon
Lease renewal - tenant "stalling"?
I would like to get some advice from fellow BP landlords on this.I have a tenant (inherited from a purchase in November 2014) whose lease is up the end of May.Around end of March, over 60 days from lease expiration, I...
Daniel Mortigo Espinel
Is this a good mortgage evaluation?
Hi, I got in contact with a mortgage agent from Royal Credit Union, they helped me run some numbers and gave me this as an estimate.
Is this a good rate? I'm not sure how much I'd expect to pay for closing cost.
One...
Tanner Martillo
My Real Estate Journey So Far: Financial Freedom Here I Come
Hey BP Community!
I've been on an incredible journey over the past year, diving deep into real estate investing to build financial freedom. Even though I have a great corporate sales job with a W2 income over $200k a...
Justin Lee
W9 to 1099 for independent contracts
I have a few vendors that I paid over $600 for services that were independent contractors and wanted to know the process for taxes. I have some W9s and some I don't. How do I proceed from here to include the labor cha...
Lashad Hamilton
Property Management Question
Hello BP,My question is how much is a standard charge a property manager should get. I understand its up to the property or properties they manage so I will give a scenario. San Antonio TX, duplex 3/2 , 3/2 rent curre...
Matthew McNeil
Change.org petition to cancel mortgage payments gaining traction
Several new petitions are being initiated state-by-state. Common wording being used; "This will allow citizens to stay home from work without the added concern of losing their housing and limit the spread of the virus...