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I live in los angeles and have seen lots of videos on multi unit investing. But here in L.A., you've got to have deep pockets to put down a large lump just to break even as far as cashflow is concerned. My biggest con...
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Hello All, I am under contract to buy a duplex via a wholesale deal and have already given the earnest money deposit. The house is being sold as-is. I still intend to buy the house, but found out something rather anno...
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I used BiggerPockets tenant screening tool MySmartMove to screen these prospective tenants for my first rental. My question is would you rent to this couple?CoupleAge- Husband-54, wife 49 Non-smokersNo animalsRenting...
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Hey all, I want to ask if you would sign this contract.PM has a snow vendor who comes out to shovel if it snows more than 2". They charge us $250 per "push". Since we have 2 buildings (right next to each) the total is...
My REO Realtor said I need a POF letter to have my offers looked at,do I just simply tell my buyers I need a POF from them or what?
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Hi BP community!I'm ready to look for some partnerships with people but the trouble is, i don't know what is a good binding contract for me and another investor. What are your guys' experiences when doing partnership ...
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I have the opportunity to purchase a small note on undeveloped land which was purchased with the intent to clear and build. Below is my checklist. Am I missing anything critical that needs to be answered before invest...
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Hello allI’m looking to purchase my first buy and hold rental property and had found a few duplexes that matched what I’m looking for but they are fully occupied and I would need the property vacant to perform the nee...
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I have the opportunity to purchase 3 Condos as a package deal. It consists of 1 unit that is a 2Bdr/2Bth and 2 Units that are 1Bdr/1Bth. What is the most effective way to calculate the cashflow when purchased all tog...
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I just wanted to know the difference between a CMA and a PBO? Also, what is the best way to obtain them? Thanks, Bc