Dear BP members,I just wanted to share with you this story because I realize that many of us (newbies) struggle with getting a mentor to help us and guide us during our first deals. Well let me tell you what I have do...
I’ve been landlording for 10 years and have acquired a number of properties in that period of time. Recently I’ve had some family, friends and business partners approach me about investing together with the plan for ...
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Any ideas on how I can get this driving for dollars lead nailed down? Owner is deceased. I contacted the wife and it’s a bit of a mess. It was his mother’s house and she quit claimed it to him prior to her passing. No...
Hello! I am new to the world of real estate investing. I am a physician by profession and I intend to continue as such while gaining skills and knowledge in this field of REI which I have long held an interest. Admitt...
What is typical terms on owner financing a larger offering? I have a couple willing to owner finance 300k for a 12+ unit property on a low to middle income property they've held for 20 years. In negotiations, I want...
What should I be concerned about legally if I inherit tenants that are not legal citizens?
I'm currently trying to verify the tenants citizenship status with the current owner, but in the meantime I'm trying to figur...
I have 21 single family homes being rented and managed by one of the larger management companies in my area. Rents range from 1100-1400 so most of my tenants are solid and pay on time.Last month I checked my statement...
Hello BP Community:After months of reading and reviewing the BP forums, I'm still struggling to define my niche. I enjoy learning about different ways people are leveraging real estate to reach their goals. However, m...
Hello BP! I need some clarification. So let's say I get prequalified from a bank for 100k for example. So I buy a property and use the BRRRR strategy,I'm all in for 80k and the ARV comes out to 130k. When it comes to ...