Euan Arcia
San Diego Flip - Bonita
Just closed escrow on our latest flip in Bonita, CA. Purchased the property for $488k. It was a 3 bedroom, 2.5 bath w/ 1772 sq ft. We loved the floorplan and how it was a single story SFR which is very desirable in th...
Jeroh Odafe
Deal analysis this investment property
Can I please pick your brains a little? Here it goes. I currently have a 4 Plex under contract for $750,000 in a nice part of Phoenix. The arv will be around $1,050,000 on the extremely low end. To finance the deal, I...
Tim Schroeder
34% COC return & 12% CAP - Too good to be true?
This Gatlinburg/Pigeon Forge STR looks too good to believe. Am I missing something? Is my math wrong? Or is this an awesome deal? Here are the rough numbers:The property is a 4BR cabin at the edge of the Great Smoky...
Michelle Elsaid
Tenant Issues - HELP
Rental property leased after purchased, had been vacant for over a year, and had some issues starting out. Water heater breaker was off (took us a day to figure this out), and a lot of small things around the house ha...
Kent Kettell
Advantages and Risks of Leverage
What are the risks of using leverage in real estate investing? Are there any advantages to it as a borrower/lender?
Jonathan Dickerson
Seller Financing Deal Structure
An investor friend offered me first crack at buying his paid-for 5bd/3ba SFH that appraises for $500k and is currently rented for $3k/month on a 12-month lease. Expenses HOA - $125/month,TAXES - $222/month, INSURANCE ...
Phil Shelton
When should I start the eviction process for a tenant with consistent late payments?
I have a tenant who pays half of the rent at the beginning of the month and then the other half at the end of the month, without a valid excuse or reason. I have allowed them to do this for the past six months, and I ...
Justin Hales
Two educators looking into real estate investing
Good morning everyone!
I just wanted to take sometime and ask a couple of questions about getting started in the real estate space. My wife and I are both currently public school educators and I also happen to be a c...
Mike Flora
Closing fee's
Anyone know what kind of fees would be added to closing costs if you have a seller who is behind on his mortgage payments?? EXAMPLE: 100K left on the loan-monthly payments $1000- 3 months behind on payments- got him u...
Steve Christensen
Structuring Lease-Option Contract for Commercial Auto/Body Shop?
Hello BP community!I have been in R.E. since 2009, but commercial is out of my realm. My family's auto body shop closed down roughly 1.5 years ago. We've been trying to sell on our own the last 6 months. We have a Lea...