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Below is the first draft of the business plan I created for REI.The final product will be created using liveplan.com to create a polished and professional looking plan.The only thing that I'm still working on and is m...
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A few years ago we inherited some rentals & a few notes. One of the notes was in the foreclosure process. It is now scheduled to go to sheriff sale in a couple of weeks. The balance owed is around $100,000. We wan...
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Wanted to be informed on what to look out for when first time wholesaling and dealing with buyers/sellers.
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I have a 2 family I bought for $232k in Sept. research shows with no work it would appraise at $260k. I’ve done $27k worth of work for $17k ( tenant is licensed insured electrician and my boyfriend d is licensed and i...
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I often see many wholesale websites and investors in general say they will make an owner an offer within 48 hours of seeing the property and can close in 7 days. I know people out there are very good at estimating reh...
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Here’s a strategy that I haven’t seen many (if anyone) talk about and I’m curious to see how the BP family would do it. Below are the benefits (I know of) that I can use:Please let me know if I’m missing anything. 4% ...
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Hello, fellow landlords! I bought a duplex in October that needed work. I inherited a tenant on one side and the other was vacant, so I went to work fixing and updating the vacant unit. It's now complete, and I was ab...
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The wife and I are selling our house. Built in 1970. Aluminum wiring throughout (pigtailed or coalr outlets as disclosed). We had a signed contract with a nice young couple. Home inspector came out. Contract was ...
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Good evening BP family!I recently just closed on my first deal, a duplex with tenants occupied on both sides. I am preparing a new lease agreement as one is up and at the end of the month and the other is on M2M. Look...
hi. i am looking for some thoughts on how to deal with our HOA and the rule that fences are not allowed unless on a perimeter property. We recently moved into what we thought was our dream home. The first week was gre...