I need some advice on structuring a partnership on buy and hold deals.I am a new investor and have decided to partner up with a good friend of mine on starting our real estate journey. We both currently do not own any...
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Good morning everyone, I finally completed step 0; build up my credit and save for a down payment. My current market is terrible, so I’m ready to move somewhere with more potential. I’m looking to speak to agents that...
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Hi BP Community!We are getting set to close our biggest CRE investment here in about two weeks and since it is a hybrid of creative financing and an SBA 504 loan, we wanted to share some lessons learned since we have ...
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Hello,I am reading a Multi-family millionaire book right now, I am curious if it is possible to make cash flow in San Jose by living in a multi-family unit and renting out another. It is ideal to build up an asset as ...
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I have my first property under contract and my loan officer has been working with me for a couple weeks. She has the contract stating I will purchase under my LLC, however now she is saying underwriting considers it ...
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Hello All-So I recently purchased a condo (2/2 1k sq ft ground floor apartment) at foreclosure auction here in Wilmington NC. It was quite inexpensive so I feel good about that, BUT I have two concerns and would lo...
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Hi! I plan on moving to Denver in the coming years and plan on turning my current residence (2B1B condo in San Diego) into a rental property. I have someone local to help me manage the property but I was curious about...
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It is very tight up here in DFW.-Auctions are going at about 85-90% of ARV less repairs-MLS is getting bid up by owner-occupiers-Wholesalers are a joke these daysI am in the process of starting my first direct mail ca...
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I recently had a squatter set fire to one of my single family rentals in Kansas City, (“East Community Team South” neighborhood). The incident was an angry response on their part because I had the property manager boa...
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Hi,I am trying to figure out what coverage i need for my assets. I own several rental properties under an LLC. I have a $2M General Liability policy to cover the properties/business. Should i also have a personal umbr...