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Good morning BP,
This is my first post and I will try to be concise. I bought my first SFH a couple months ago with intention of doing long term rentals. I have been doing showings/marketing for over a month and gott...
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Hi Guys! I recently had a seller (another investor) agree to a 45k purchase price (cash) on a house with ARV of 60k. The house had a full gut rehab 4 years ago when this investor bought it. The current tenant is “all ...
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At least once a week, I got a message on here from an investor looking to buy a condo or townhome to use as a short term rental for AirBnb in the Phoenix Metro Area or Flagstaff.Having discussed the pros and cons with...
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I am going to purchase my first investment property sometime later this year, and my research has pointed me to 5 different markets for a good mix of cashflow and appreciation:
Columbus OH
Memphis TN
Indianapoli...
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I have a couple mortgages under an LLC that are commercial loans. They are adjustable rates and balloon after 10 years. This isn't an ideal situation for me even at the deal I acquired the properties for. I have heard...
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Last week I closed on a two family house that I purchased directly from the owner, she gave me a good deal with the condition that she would stay in the first floor apartment and pay a reduce rent. The issue is with ...
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I have a house that has been vacant for roughly five months now. The home is in good condition and we have had a lot of showings. However, a major feedback we have been getting is the fact there is no fence. We hav...
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Starting an LLC and at the point where my business partner and I have come to agreements on how the business will be ran ect.We will be putting these agreements into the LLC Operating Agreement. My question is once t...
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I recently had a Letter Of Intent (LOI) accepted by a very motivated seller, who responded to one of my Direct Mail letters, and is willing to finance 100% of the purchase price. We were about to finalize the contr...
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I've been saving up to make my first deal. I would like to purchase a duplex (Two-Unit) in Los Angeles-CA. However, I'm aware that due to COVID-19 some banks have changed their regulations. For example, Chase has chan...