Peter Mateja
Newbie, soon-to-be REI in San Jose, CA
I've been lurking on BP for about a month, after my friend and prospective business partner introduced me to the site, and suggested that we look into partnering in REI. Providentially, he did so just after I'd read ...
Roy N.
Apportioning costs associated with taking a second mortgage
[Note: I initially posted this topic with a poorly worded title - thanks to autocompletion on my phone - here. I am reposting with a new title and have cleaned-up the narrative].
I've been ap...
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REO Advice
Greetings-- I know a bank REO will list the asking price sometime this week. My first question is can I consider this REO to be a "short sale"
I know the first mortgage: 198,000
2003 purchase price: 150,8...
Kyle M.
Property Management Expense ?
How do we factor in property management expense into cashflow? Obviously we factor in the percentage each month, but how about the bonus they get when they find a new tenant?Hypothetically lets say a property managem...
Courtney M.
Using a broker in multifamily
I've been reading a lot of books about multifamily and one piece of advice I seem to read over and over is a lot of people buying multifamily don't use a buyer's agent - that seems to be frowned upon in this space.I'm...
Jeremiah Russell
Transitioning into real estate. What do you think of my plan?
I’m starting my real estate journey this year!!! I don’t have a lot of skills or knowledge for the business, but I’m reading and taking in content everyday. My plan to start is to get a job working as a handyman to ge...
Daniel Ordonez
Verify a private lender?
Hey so I’m in need of advise since I’m new to investing. I possibly have a couple deals I’m partnering with ppl. I found someone who is potentially going to fund my deal for 3% interest and $500 up front cost to loan ...
Boone Tyson
House caught on fire and insurance didn't pay!
Investment Info:
Single-family residence fix & flip investment in Mcallen.
Purchase price: $80,000
Cash invested: $40,000
Sale price: $104,000
Had it under contract to sale at 165K and it cau...
Blake King
Best Website Creation website?
Hello BP!Just wondering if you guys have any references for a good place to get started building a website? Mostly just for directing leads. Cheap is great, and i have zero website building experience, but lots of gen...
James Wilcox
My tenants just got up and left. Now what?
I have a rental property a few cities over from where I live. I have been trying to get ahold of my current tenants for almost two weeks to do a scheduled smoke detector/maintenance check on the property. I went over ...