Shane Clark
Buying a Home with an Old Foundation: Brick, Sandstone, Dirt
I am viewing duplexes in Massachusetts where we tend to have a lot of older homes. The properties in my price range all seem to have a common issue being that they are older (we're talking 1880's - 1910's) and Realto...
William B.
Single Flip Blues - How do I grow?
Hello All,
The Good News:
Over the past six weeks, I've spent 12+ hours a day for six/seven days a week to get another flip from start to finish. We hit the market in Houston last Friday and as of a few days ago, ...
Account Closed
SEC Rules for Raising Money Through Syndication
Hey BP,
I was recently listening to the awesome interview that's in the BP blog that @Douglas Dowell did with securities attorney and syndicator Gene Trowbridge. It was full of some great i...
Gary Fritz
Does last-minute addendum to closing paperwork have any force?
My son just (yesterday) bought his first house. It turned out I had to co-sign with him. I was honest and told the loan underwriters that I was picking up a new Tesla this week. They said I couldn't get a new loan,...
Matthew Terry
Is this a good idea?
Hello BP Mates,
I have a SF rental in Mesa, AZ currently occupied until next October and will have around $120k in equity by that time. CAP rate and R:V is not great, but appreciation is fantastic.
I was thinking of...
Lorien Rollins
Pet Fee at Move In & Pet Rent Monthly
In my experience managing apartment communities, we have charged renters a pet fee (nonrefundable) at move in AND a monthly pet rent. I'm renting my SFH for the first time and am unsure how to charge the future renter...
Chris Purvis
seller was a no show on wholesale deal. I have a question.
This past saturday I had an appointment to meet a seller at the home they wanted to sell. The appointment was set for 12 noon. 23 minutes past 12 the seller called me on the phone saying that they changed their mind a...
Lauren Hogan
Upstairs Tenant Purposely Making Noise During Showings
I need advice! I own a upstairs/downstairs duplex in Denver, purchased in October. The upstairs rented out quickly in November and we have a 6-month lease with those tenants through May 31. The downstairs, it's a gard...
Rich Weese
Is it still possible to get really RICH
http://money.msn.com/how-to-invest/what-it-takes-to-get-really-rich-mirhaydari.aspx?GT1=33014
Can one still get rich? What is the new definition of rich? Best way? Is it more difficult than ever before?
What is the...
Shawn M.
DEBATE: Cash Flow vs Cash on Cash return
When evaluating a property what do you look for:
High Cashflow?
Example: $74,000 house rents for $900 month, buy with all cash gives you a 9% Cash on Cash return and a $587/mo cash-flow.
or
...