Hey everyone, naive newbie here. Since listening to BP, I have learned there are many more ways to be involved with real estate than I thought. Starting next year, I will be profiting around $80k per year after taxes ...
Hi everyone - quick question for you. I'm going to purchase my first multi family investment property in Florida. I am trying to decide whether or not I should go through a traditional bank (JPM), a morgage broker, or...
Good Day Everyone, I am planning on starting a property management company. Managing mix of STR and LTRs and may be starting complimentary business like cleaning and landscaping to generate more revenue. Also want to ...
Any advice for someone trying to buy their first duplex and house hack? I currently have a pre approval and am shopping properties and am stuck on the deal analysis side of things. I want to be able to pull the trigge...
For the following information I give full credit to Jimmy Napier, the most creative real estate mind I ever met. His book “Invest in Debt” written over 45 years ago is the standard for understanding real estate note i...
Hello BP community,I am new to buy and hold investing and have being doing as much reading and learning as possible while looking for deals to get started with. I came across an opportunity involving purchasing duplex...
noob here.....Can someone explain the 50% rule, 2.5% rule.....I can't seem to find a definition for it.
Thanks.
Jim
In the past when I purchased properties with existing tenants all they do is to sign a simple estoppel letter basically acknowledging the lease terms, the security deposits, advanced rents etc...My attorney has alread...
One of most prolific and powerful tools of “creative” finance in real estate is the lease-option, but this tool represents only the proverbial tip of the iceberg when it comes to the most powerful breed of derivatives...
BP Community,Has anyone has success in acquiring Multi-Family properties in the LA area that cash flow upon purchase? How did you find these deals? Am I going to have to suck it up and buy a property that operates a...