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Hi, I was charged $2000 HoA violation fines and now a debt collector has started sending me notices.I was never notified of these violations (removing pallet board from backyard and repainting the home) in time as the...
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I'm just getting started. When I'm looking for a deal with an STR, should I be looking for a somewhat distressed property, as if it was something like a BRRRR on an LTR situation? In other words, should I be looking f...
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Hello BP Fans,
I'm currently trying to purchase a short sale in my area. The sellers agent countered today and they want to remove the Short Sale Rider addendum to the contract. Have any of you guys seen this before ...
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I have been networking and there are no clubs or meetups anywhere near me, and I keep getting great deals but cant find a sponsor. Ive had some act like they want to, I do work for them, then they ghost me after using...
I closed on my second rental property, another duplex, today. It was a listed property, paid for in cash. This is also my first partnership, with my significant other and also RE agent. I paid 80% (from a LOC on my...
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(11 unit complex)Asking Price: $80k 25% down: 20kMonthly rent(s):5k Property tax: $282($3,380, 2015 tax year)Estimated mortgage: $250 (20 year loan)Utilities: $425Vacancy: 10%= $500Repairs: 20%= $1000PM: 10% = $500To...
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I was going through the above mentioned websites looking at the properties coming up for sale. Has anyone found good deals on these sites before? If so what kind of LTV have you been able to get?
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So I have like this goal to buy 5 houses this year, that I set as my new year's resolution. I've only gotten serious recently though.
After going back and forth with emails and the elusive Las Vegas mentor not appea...
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So a bit of professional background about me:
• Bachelors in finance, top of my class - I have deep understanding in debt, equities, cashflows, business operations etc
• Worked for a year as an acquisition analyst a...
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I’m looking for advice on how to BRRR a commercial property in the most effective way. This property is under very poor management and slightly distressed. Appraised at $550k, but with some tweaks and rent raises, I’m...