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Firstly: Can one typically get traditional bank loans that include the expected costs to fix the property? What financing routes are best if the investor doesn't have the rehab cash on hand? If one is able to obtain a...
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Hello everyone,In one of the BP podcast, Brandon Turner said that the 2% rule works for him in general. According to him, for example, if the property is listed for $100k, then the expected rent should be at least 2k ...
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Hello BP,Im reaching out for advice as I am unsure of how to raise rent with my tenant. It's a month to month verbal agreement with a good friend of mine. He pays every month and we've had no issues for the past 7-8 m...
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As the title states, I am looking into my first deal. It is a Duplex in New Chicago Indiana, Basically north Hobart. Here is the address, 3612 Michigan St, New Chicago, IN 46342. I am nervous, exited, and looking for ...
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I own a property that is paid off and has a value around 160k and has a cashflow if about $600/month.My goal is to increase my monthly cashflow by leveraging that property. So far the ways that I thought of were the f...
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hello BP'ersI'm not going to get into the drama of what my wife and I are going through with this thing.I am looking for honest feedback with how to deal with this, so here goes.we have a house on the market right now...
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In putting together your syndication team, what are the roles you feel are the most important in creating a highly successful syndicate and what are their individual responsibilities? Here are a few team members I'm e...
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Hi, I live on Orange County Texas and am just starting to get into the real estate/ rentals/wholesaling business. I went to our local tax office and got the delinquent tax list for my county which they gave on a CD. T...
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Hello BP community! First off, thank you all for contributing and helping keep this dynamic resource alive! This community has really made REI appear more approachable and less intimidating. Since finding BP a few wee...
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Good evening my fellow investors,How are you doing today? We hope you are well. I need your advice. So please help me. I live in the Inland Empire, CA. I have two homes. One is a rental, and the other is used as...