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For those of you who invest in small multifamily properties, what are some of the mistakes you’ve made? What advice would you give a beginner interested in investing in small multifamily properties?
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There are fewer short sale or foreclosure in the market right now so I am thinking to buy move-in ready investment properties directly with 25% down payment and 30-year fix mortgageIf down payment and fees all togethe...
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Hey Everyone,Settlement is next week for my first flip. I have some questions about how our profit/ payment structure is setup, here are the details:--- 4 Owners in an LLC taxed as an S Corp--- Myself and 2 other peop...
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So I am in the process of finding a tenant for my first rental (a townhome in Houston with no HOA). Many of the inquiries that we get are from people looking to lease and then re-list on airbnb or VRBO etc. I have lis...
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Hello, My name is Ana I'm new to this site. I'm an investor in Union City. I currently own a 1 family and 2 family in Union City. I'm converting my 2 family into a 3 family. I got to say that it has not been an easy ...
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Has anyone used Smartmove tenant screening? If so what do you think? Anyone use other methods? I need to improve my selection process and need some advice/info.
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I'm doing a small flip on a house 2 hours away in Utah. A fellow BP member gave me a referral of another flipper in the area. I called him about contractor suggestions and he mentioned that his son does painting and o...
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Hey BP,
Just wondering if anyone has come across the issue of a tenant paying with a money order and claimed they mailed it out. It has been two weeks since they mailed it out and we still did not receive the money ...
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Hey everyone,I live and work in Manhattan and have been interested in getting my first out-of-state rental for over a year without action. My focus has shifted a bunch of times between FL or maybe more local like the ...
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This post relates primarily to California:
Hard money loans are often made at rates that exceed usury interest limitations. On hard money loans, California trust deeds can be exempt from usury interest limitations u...