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Hi all, I was buying an investment property in Phoenix, which I backed out of today after learning of HOA restrictions. I contacted my broker and asked him to hold the appraisal, unfortunately found out today that I m...
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The SCARLETT Method
I’ll start off this essay with a quick disclaimer, I in no way, created the idea of renting out homes by the room. All I did was formulate an acronym and implemented a few practices to keep...
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Newbie question, I finally have found a rental property that looks to cash flow, the owner inherited it but wants nothing to do with it. Perfect, but upon setting up an appointment to see it with my realtor buyer agen...
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Hi BP,
I am a new investor and just started my own one-man handyman service last week. I just got my $1 million insurance policy and am ready to get started!
I am looking for tips and advice from seasoned landlords...
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Hey everyone,
A good family friend of mine graduated from college not to long ago and has a full time job he does during the day. He has a wife to take care of, and as such can't just abandon his full time jo...
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I appreciate any advice. I'm looking at 3 homes currently. Here's the break down. All are tenant occupied with rents listed. All are turnkey sales. All are near Cerner's new campus. Note: all property tax & insura...
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BP Experts, I have a question about buying non-performing first notes. This one involves family so it really hits close to home. Recently, my grandfather passed away. Losing his income means my Grandmother cannot a...
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Good Morning!
I have been looking into buying a possible rental in Frostburg, MD which is home to Frostburg State University. I graduated from there in 2017 and many students, including myself, lived in off campus ho...
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I have a seller of a 50 unit apt complex offering seller financing with a down payment large enough to pay-off his existing note. The downpayment would equate to about 12.5% of the purchase price.
My question: Is th...
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Hi BP!I’ve successfully flipped a couple houses partnering with my mom, but she is now retired finds herself too risk-adverse to use a HELOC as we did in the past, and truthfully she is quite content with her retireme...