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I own a NNN lease that I purchased 15 years ago. I have some residential real estate experience but nothing in commercials. The property is in a different state and I’m not familiar with the market in that area.
For ...
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I thought I had a great deal on a 4 plex, and got 20% off the list price. We have a contract for a cash purchase. The numbers are great.The home inspection yesterday disclosed that there is vermiculite/asbestos in...
Hey everyone!I've been looking at a few multi-tenant properties in my area, and have a few quick questions. Most of the ones that I've looked at have existing tenants. When doing the calculations in the BiggerPocket...
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This is just a minor vent session but I got my first taste of real world landlord work this past weekend. And not the good kind. Not the "retire by 40 and travel the world" kind but more of the "your tenant will try a...
This is AWESOME! You guys are going to love this.I applied at Bank of America (mistake 1) for a HELOC. I liked the option of interest only and a 10 year draw, etc. It makes for a cheap ability to keep money moving ...
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Hello all you smart BP people!I have a question for today: How do YOU view debt? Here are some sub-questions that you can pick and choose from to add to the conversation:--> What are your personal "rules" abou...
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I wanted to see how many Canucks we have on here, obviously investing in RE in Canada is much different than how its done in the U.S.
It would be nice to talk about formula's, leads, ideas, and anything else to do ...
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Guys, I am 34 years old. I will be selling my ownership in one of my companies for $300k. With this sale, I’m losing $40k per year in salary. I’m trying to see how you would invest the $300k. Here’s my breakdown. I ha...
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Looking to learn more about notes before shifting my strategy to investing. Any secret sauce you can share?
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The short sale lender wants to close by April 15th.
Let's say I use bridge funding, that means the C buyer would need to close around April 18th.
My title company has told me that a land trust is needed. Reason:
So...