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Hi BP, I am new to REI but hope to make my first investment soon. I am analysing properties in the Houston area, and I can't seem to understand how make a deal on a condo come out when I factor in HOA fees and proper...
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Here is a scan of my closing costs. I know a lot of those are legit, but the settlement charge seems really high, and also the survey. And the Document preparation fee, seems BS. I am already paying for real estate a...
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Hello BP Community!In efforts to give back to the community, I wanted to document the process of acquiring my first turnkey property through Spartan Invest. I know when I was first researching the forums, case studies...
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I have a tenant that signed a two year lease and is wanting out after the first year due to a pregnant wife. I discounted the rent from $1400 to $1350 if they signed a two year lease. I have a $1350 deposit. This happ...
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Hello,A partner and I are going into a multi-family building together but need money for the 20% down payment. What is customary for this? Would that cash partner receive 50% and my other partner and I split the other...
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So I know there are a lot of "Rules of Thumb" on the Residential side of Real Estate. As I try to transition into Commercial (Retail) I find that I have no idea on how to perform the proper analysis. What are the Ex...
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So I have done 3 fix and flip rehabs alongside my managing broker, on all 3 she has come across the property through her network and was able to purchase all cash below market value due to a variety of reasons on the ...
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Hello, I am currently looking to start the build up to my first investment property. I am currently weighting the options of new bank. As my main/current bank is a military bank/credit union and I don't like that I ca...
Hello everyone. I have been reading some investing books by Brandon Turner here from BiggerPockets. Great information, however, I have some questions that revolve around his No-To Low Money Down and just the markets i...
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We have a SFH and a duplex that we own free and clear, and a duplex on which we have a residential mortgage. Each of these properties is in a different location and was purchased at a different time. Is it possible to...