Hello all,I'm currently in the process of purchasing a home through a foreclosure sale. The property appears to be a 3-family and is an all brick, late 1800's construction.I was wondering - upon completing this transa...
Hello everyone,
Recently, my HOA just sent out letters to all owners in the building and said the the HOA fees will go up by 10% starting next month. I saw that they justified the increase by xwz reasons (I'm sure th...
Hello all, I recently found BP. Up until now I have sat back and observed/ absorbed all the useful information.
My experience (10 years) revolves around commercial real estate finance. Since 2007 I have been engulfe...
Hi everyone,I am a new real estate investor in the Philadelphia area. I am a complete beginner, though I am clear on my goal - invest $200-$250K in cash (up tp $1M with leverage) in cash-producing rental properties in...
Hello everyone, hoping to start BRRRR investing this spring but I would like to talk more about business structure than anything. I understand that each property will most likely be formed as an LLC, but I know there ...
Question --> I've heard conflicting things regarding the use of the term "hard money". Just curious... do you use this term, or prefer something else? If the latter, what do you use?
How do you find trailer park lots and are they easy to obtain a loan for purchase?
Hello BP,
I sold a property in Miami, FL and provided some owner finance to buyer. This is my first experience providing owner finance on a property. The deed was recorded in first position. The buyer (now mortgagor)...
Hello!My tenant called a couple weeks ago and said she's starting to see bugs, namely roaches, inside the condominium that I rent to her and her roommate (keep in mind that her apartment is on the third floor of the c...
Found a good 2 family where the numbers work nicely. Classic flip job with laminate floors, new coat of grey paint, etc. Only thing that is weird is that there is a hallway that measures only 30 inches across. It i...