Hey BP family,
I’m a nob to investing. I’ve read Cash Flow Quadrant 3 months ago and was inspired. Attended a couple courses. Spoke to a couple investors doing what I would like to do. I’ve had the opportunity to bu...
As I understand it a subject to is when you take the place of the original owner in a property. Money is made when you buy a house not when you sell it so how is this beneficial? Are you paying less for the equity the...
Well, it's my turn to get some advice. In July my husband and I decided to downsize our 2200 sq ft home to a nice mobile home in a nice Manufactured Home Community. We found a home and placed an offer on this home and...
I am finally getting around to putting up a website. Initially, I figured I'd have one website that would cover my rentals, home buying, and houses we have for sell. After research I am looking at LP and Carrot to kee...
Hello! Seeking help!!
I’m a landlord in Chicago, I work in a hotel and was laid off due to the COVID coronavirus crisis. I also am receiving less and less of my rental payments. My gross income in 2019 of $80,000 doe...
Hello BP Community, I have a question regarding one of my new tenants. I had a tenant sign a lease with me at the end of May. On paper she passed with flying colors - 3X income, good credit, positive landlord referenc...
Please don't respond to this with, "Ask an attorney or tax advisor." That is a given...I want to solicit comments prior to that.
Scenario: Form a LP to raise money for real estate transactions and structure it so ...
I've got a soon to be married couple with a 2 year old wanting to rent my 2 bedroom property. I faxed off their background check earlier tonight. I was just curious what the average experience seems to be with child...
I've got a triplex under-contract that is going at a 10-cap. Purchase price is $240K.
What would you guys recommend?
I would love it if someone here actually has funded experience with this.
Than...
Hey BP,I bought a property last year and it had a brand new septic tank and drain field installed. The tank was increased from 1300 - 1500 gallons, and it was inspected and got a clean bill of health. Fast forward 12 ...