A few questions about tax foreclosures that I'm hoping the BP community can help answer.  I'll be bidding in Texas but I suspect these are general questions:  If the minimum bid is $5000, does this mean that the homeo...

I m in the process of closing on my 1st duplex!! I m looking to get some feedback and see where my potential shortfalls could be. Currently both units are on a month to month and are renting out for 1200 apiece. Even ...

Does anyone have experience with UK investments and executing the conveyancing on the sale/purchase of a property? If so, do you have to be licensed to do so, if not, what do the conveyancing steps entail? I am a US i...

Hello everyone! I have a question on the whole process of closing on commercial real estate and any special laws or conditions that may apply in Indiana. I am looking at the 7 unit multifamily complex and was wonderin...

Just an FYI.

Yesterday, I received two letters from my credit union regarding two mortgages that I have with them. These letters requested that I call the mortgage department of the credit union ASAP in order to di...

I'm trying to understand how capex reserves factor into NOI, Cap Rate, Debt Service Ratio, and other metrics. Lets assume the following yearly numbers for a Single Family Residence (these numbers are made up, try not ...

View reportThis is a 4 plex needs TLC2 x 2-bedroom units2 x 3-bedroom units 

Hello, I purchased my home in 2021 for $38,000 and put about $40,000 I to renovating it. It is now worth around $165,000. I have a loan through a private lender for $70,000 at 7% over 15 years. I would like to get my ...

Hey BPI have separate LLCs for my properties. Do I need to have an operating agreement per LLC even though they are solo? How important are operating agreements in a solo LLC?

It was interesting to read the case schiller housing data released on Nov 29th which re-affirmed my belief that Chicago is unlikely to see significant price declines. Chicago month over month decrease was only .6% vs ...