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Did some driving for dollars near one of my properties in Oakland and found a boarded up property. I looked up the property and found the owner's mailing address. Sent some letters and then went over to the owners ho...
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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...
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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 ...
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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...
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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...
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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...
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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 ...
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View reportThis is a 4 plex needs TLC2 x 2-bedroom units2 x 3-bedroom units
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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 ...
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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?