Brooks Wharton
My First Flip - 1940s West Ashley Ranch
Investment Info:
Single-family residence fix & flip investment in Charleston.
Purchase price: $270,000
Cash invested: $138,000
Sale price: $528,000
This flip property was my first and thankfu...
Brooks Wharton
My First Flip - 1940s West Ashley Ranch
Investment Info:
Single-family residence fix & flip investment in Charleston.
Purchase price: $270,000
Cash invested: $138,000
Sale price: $528,000
This flip property was my first and thankfu...
Alex Mora
What do you include in your rental contracts, Portland Oregon ?
Hey BP Family.I am starting to prepare my documents that I need in order to rent out my unit.The home is in Multnomah County, (Portland, OR) and I know being in that county, it isn't landlord friendly and you want to ...
Amanda Thompson
1 roommate breaking lease, new 1 moving in. Write new lease?
I am hoping one of you will have maybe encountered this situation and can offer advice: Two guys on a lease. Guy 1 is breaking the lease to move across the country. Guy 2 wants to move in his best friend. Guy 1 is pay...
Steven Gilbert
Partnership Agreement: Pro-Rata GP Equity for Capital Raising
The general partnership has 500k left to raise (Approx 50% remaining) in a 506 (c) fund. There are three GP's, the capital partner, the operator, and the fundraiser... 30% equity stake in the GP is reserved for raisin...
Michael H.
Hiring Project Manager
I'm taking on a property that needs roughly $30k worth of renovations (property should be worth in the $175k range when finished). I've been working with my handyman for several years now and would like him to not onl...
Ken Cunningham
FHA Loan - Accepted New Job Out of State Prior to 1 Year OO
Hi BP,
I bought a duplex outside of Cleveland about 6 months ago using an FHA loan. It is currently just me in the place as the renters in the other unit that came with the mortgage were loud and obnoxious and I ha...
Allan C.
Cash out refi conditions on portfolio loan
Has anyone else experienced banks placing conditions on fund draws approved for cash out refi on a portfolio loan?Specifically, we have a bank requesting that we show executed purchase contract before being allowed to...
Amy Belton
Buy & Hold to Fix & Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $82,500
We purchased our first investment property, which we hoped we could implement the BRRR method. Six months later...
Qionna Bowman
My First Investment Property!!
Investment Info:
Single-family residence buy & hold investment.
Cash invested: $10,000
2 bedroom/1 bath frame ranch, attached garage and sunroom, 800 sq ft
What made you interested in investing i...