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Hi BP community,Here still trying to pick your brains. I am in the beginning stages of multifamily real estate. Please share with me what you wish you knew prior to buying your first multi family. I am looking at buyi...
since the party is over now and there is no easy money to be had by non qualified borrowers, we as investors are going to need to continuously come up with innovative and creative means of financing to get deals done....
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For quite some time now there have been many people saying sites like Zillow and Trulia were going to make the real estate agent as obsolete as the analog television or the travel agent.I don't buy it. Either do the n...
I signed "Uniform Residential Loan Application" on May 18, 2023, and locked in a 6% conventional loan mortgage rate with 0 points. On Friday June 16, 2023, one business day before the closing date (closing is 6/20/20...
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I noticed a few weeks ago that my tenant stopped mowing the lawn, and apparently stopped paying their energy bill, because the local power company came over and took the meter and put a tag on it. The first of this m...
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The lease at my SFR will be up in May and this will be the first time renewing. I thought it would be pretty simple, but then I started thinking about it more and came up with so many questions. Are there certain la...
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Hello bp,
I recently graduated undergrad and am currently in law school. I am a pawn to the system and have seen what I pay and my friends pay in college towns. Especially ones that are built around small towns. Big ...
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I am hoping to acquire my first property in the near future, but not sure what type of job I should take on a new investor. Buy to flip, buy to rent, home condo or multifamily home. I have some ideas, but is there any...
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I had a prior CPA set up my LLC and they also made it an s-corp. New CPA is telling me to dissolve it, don't need it, costs me more than it's worth. My own research is leading me to believe I don't want an s-corp tax ...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $305,000
Cash invested: $13,000
Sale price: $379,900
305k purchase price
4k closing cost
4k holding cost
13k re...