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Results (10000)
Account Closed Chicago buy and hold
1 September 2013 | 18 replies

I need your help BP contributors!

I am seeking my first rental property. I have been researching many different markets and I feel that I am suffering from analysis paralysis although I know that I am ready t...

James Kandasamy Flip that Baby !
1 March 2015 | 32 replies

Hi BPers,This is my latest rehab. One of biggest and ugliest house that i have purchased. The garage has ceiling damaged by water and everywhere else some kids has vandalize the house.  Found the deal through my direc...

Ben D. Cash out of California?
14 December 2014 | 18 replies

I have a SFR rental property in Fontana, CA that is worth 390k and I owe 255k.  I am 1 year into a 20 year mortgage and have had same renters for 6 years no problems.  I am not cashflowing, but obviously trying to pay...

Trevor Schumann CAN LANDLORD RETROACTIVELY REFUSE LATE RENT & PROCEED WITH EVICTION PROCESS?
6 August 2014 | 17 replies

I am on the dark side with this question. My current land lord in short wants me out. 1 day after the 3 day grace period I got a notice to vacate. I went to the office with the cashiers check and the land lord signed ...

Phil Park Advice for new agent
22 June 2016 | 21 replies

I am a new agent that earned his license in March. Since then, I have had a few clients and submitted some offers too but the deals fell through due to unforeseen circumstances (Lack of funds, seller backing out, etc)...

Jerry Kisasonak 116 Unit Apartment Complex Financing Question
27 February 2015 | 18 replies

We are looking at a 116 unit apartment complex. The asking price is $4,950,000. The NOI is $484,000/yr. The seller will carry a 20% second. With 100% financing we should cashflow about $13,500 a month. That is calcula...

Amanda Bruneau What would you do to grow your portfolio?
2 March 2021 | 21 replies

Hi Guys!
My husband and I have been buy and hold investors for the last 10 years. It was not our primary focus, which is why we only own two investment properties. However, we have paid off both mortgages and now mak...

Trevor J Dammon Newbie refinancing plan
16 September 2022 | 14 replies

Hi all,Newbie here. Creating a written plan with some spreadsheets. The basic plan is to buy a duplex with 20% down (100k down for a 500k property). Annual cash flow around $2,500. After the property has appreciated a...

Jack Lee Should I set up an LLC now or wait until after refinance?
2 October 2022 | 9 replies

Hi guys, I have recently closed on my first investment property ever. And just consuming as much information as I can, I initially planned on transferring my asset to an LLC (will reach out to lender before doing so a...

James Bartlett Does timing of Transfer of Title/Ownership matter?
20 September 2022 | 10 replies

Hey everyone, I will try keep this short and to the point. I'm looking to buy one of the properties I manage. This is a 4 unit building. Rough numbers (still negotiating) 500k sale price. 100k down. 3 year balloon. We...