Hi Everyone,
We are looking to buy a property for rental and it's great except the seller obtained a solar panel from Solar City (SC) through a lease. The seller discounted the price of house a bit but asked us to tr...
Hello BP,Just curious to hear how other GPs keep LPs in the loop when they are looking for deals/do not have any opportunities currently available for them? I know some like to do newsletters/mailing lists but I was c...
Hi BP,First of all, thanks to the BP community for your help along the way prior to, during, and after purchasing my first investment property (a buy and hold 4 plex). And special thanks to @Joshua Dorkin ,@Brandon T...
Hello all,I'm an out state investor from NY and would be looking to purchase a property in either Ohio or Michigan this year. Looking in the range of 15-30 units value add property. What are the areas in the state bes...
We’re planning to rent out our first house in the next few months. It is a single family home and we’ve never been landlords before. Considering using a property management company, but that would significantly reduce...
I am looking for fixed rate mortgages under 6% fixed rate for 9 buildings totaling 17 units. I now have 5% / 20 yeaer/ 25% dp / 3 yeaer ARMs. I'd like to lock in, even if it means some closing costs. I keep hitting d...
As I understand it, ROI = (Cashflow per Month * 12) / (Total Equity)
I'm having trouble understanding why principal doesn't count towards monthly income in this equation. For example:
I buy a rental for $100,000 wi...
Please read this plan of attack, which my loan agent wrote for my private lender and me.
(Private Lender)- Purchases home at $100k
Renovates the home for $20k
ARV: 160k
I will buy the house from him @125k.
He w...
An interesting proposal to make local bans on STR's illegal.https://www.live5news.com/2023...
Hello all. I just wanted to give an introduction and see what advice is out there and potentially meet others in my area. I am trying to get going with RE investing and don't quite know where to go or if I am just a...