Just read this article this morning. It comes from a landlord’s perspective of what’s going on in this current crisis and how state regulations are effecting her business. I think some of us can relate to her situatio...
I keep reading advice to talk to a lawyer or have a lawyer do certain things for you to make sure everything is good (ie for forming your LLC, and other real estate transactions).However, I have this notion that lawye...
I'm trying to understand how sandwhich lease option works and responsibilities...
1. A condo that is listed on the MLS for $218k and not being sold so they drop it to $200k... The seller doesn't know if it will appr...
Hi fellow BP members, My husband and I are new to REI. For our first deal, we decided to focus on a 2-4 unit small residential property in Phoenix AZ, Orlando/Jacksonville FL, or Raleigh NC. Being a mom with a full-t...
Hi BP Fam,
I know this question has been asked a lot but I haven't been able to get a clear direction. I'm looking to invest in a STR. I'm trying to analyze the deal but this is where I've hit a road block. I see a l...
I've just recently tied up a 24 unit building. The plan is purchase the property with a construction loan including rehab costs. Rehab 2 units a month and move existing tenants into newly remodeled units, rinse, was...
I typically haven't charged for applications, but I just used an agent who charged $40 per adult.
Then I found this article about a landlord in San Francisco who took 250 applications for one unit at $40 a pop.
http...
We're trying to sell our first flip near Hagerstown, MD. The whole project, which we started back in September, has been a huge learning experience for us, as expected. Unfortunately, the selling part is not going so ...
Cash out question
My plan was to buy property using my heloc, whole lot cheaper than Hard money or private. Fix it and Then do cash out refi and pay my heloc back in 3-4 months.
I was about to get qualified with cr...
Hey all, I quit my W2 6 months ago with solid reserve set aside and a proven business model. My business is going well and my wife was being offered insurance as a part time RN, but as of December 31st they are resci...