There is a commercial property (strip mall) up for sale on auction.com later this month in my area. A group of us are interested in bidding. In our research we found that the property was purchased at a trustee sale i...
Hello BP people,
I’m juststarting out, Found a house for rehab (Carson Ca). In short, made an offer based on comps yet to be seen physically. I did hand over the EMD with the understanding that I’m going to view the ...
I have found several commercial property websites. Many of the properties have no list price. They are relying on me to make the first offer. How do I determine how much I can offer?I can assume that I should estimate...
I have a question regarding a 1031 exchange. I just purchased my first flip and should make a nice return on it. My question is, with a 1031 exchange do I have to find a brand new property or can I use the proceeds...
Is there a way to help someone sell their house or use some sort of wrap-around financing to sell their house and get back a portion of the sale or payments for myself?
The owner has some equity but I don’t want to s...
I bought a condo unit back in March. I got a good price on the unit and have been very happy with the profit I am making on it. Recently I received the tax bill for 2014. When I bought the property, the taxes were sho...
Greetings BP! I am close to being under contract on a multifamily property which has a tenant with a lease until 2019. Am I able to adjust (increase to current market value) the current tenants rent even though a cont...
Where to get wholesale contracts?
How to find a land for sale online other than loopnet and how to get owners information to contact them directly without going through agent? I am looking to buy something in Southeast Dallas, Texas.
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Portsmouth.
Purchase price: $130,000
Cash invested: $160,000
A 4 bed/2 bath single family home that was once a duplex, t...