Eric P.
Commercial land with billboards.. questions to ask
A gentleman not far from where I live is looking to unload 4 acres of commercial land through a private sale. Its on a busy rd, growing area, and currently has 3 billboards that generate "$20,000 a year". I'm very i...
Account Closed
Land Trust - who should be named on the insurance policy?
Hi FolksNeed your help please. On an investment property that's rented out, who is the owner of the insurance policy?The structure of ownership is as follows:Title to the home taken in the name of the land trust. So t...
Teddy Williams
New Member, I own 11 properties, but want advice on refinancing
Hello, new member from Houston,Tx. Im a conservative investor who owns multiple properties that are paid off and I'd like to know best options for refinancing my current properties before I talk with my bank so Im edu...
Nathan Jackson
First Deal in the works (woohoo!). Homerun? Good? Bad?
Hey guys!My wife and I are fairly certain that we're going to be moving forward with our first deal shortly. If everything checks out, we will be buying a house from a relative who wants to retire. We're completely ne...
Annette Hibbler
What's Your VantageScore
I recently heard about VantageScoring and did some research. Thought I'd share what I found here with all of you.
What's Your VantageScore?
Since the 1970’s credit bureaus have used FICO scoring as the main model...
John B.
Tenant offering to pay for bedbug service
Hi everyone, great site. It's been very helpful to me.
Right now I am dealing with one of the easier problems I've had in my short career.
I rented out my first SFR in March. Less than a week after the tenants moved...
MJ Singh
Is this a good deal as my 1st invesment?
I am new to real estate and new to BP. Looking forward to hearing from everyone. 2 FAMILY HOME FOR SALE- Great Investment Property $199,999 Central, NJOn the 1st floor is a newly remodeled apartment having 3 bedrooms...
Mohammed Milord
Should you use a mortgage broker or lender that's out of state?
Hi, I'm new to real estate investing and I'm really interested in out-of-state real estate investing since I live in New York. My question is, should I find a mortgage broker or lender in my area to get preapproval o...
Account Closed
Cap rates on Turn Key Apartment Buildings worth $1.5m-$2.5m?
What is a reasonable cap rate to find on current MLS listed apartment buildings, in a good neighborhood (A/B) in the $1.5M-2.5M if buying at fair market value?I know there are a ton of variances here, but if anyone ha...
Michael Otis
3 multi family property deal
I'm a first time RE investor, looking for my first deal. While looking into one multi family property, the seller said all three of his properties were for sale for $225,000 (17 units). These properties are on the cus...