Hi folks! @Shane Pearlmanand I are working on structuring a partnership for a commercial investment (We aren't sure yet if we'll invest in California, Minnesota, or Washington).I have a short sale on my record so I li...
Hello,This is my first post, so I hope it complies with the rules. I've been doing a lot of digging and reading everything I can. I am about to close and acquire on my first multi-family investment property (Hartford,...
We evicted some problem tenants back in 2010 from a house we rent out. Well after a long eviction and court fees we received a Judgement of about $15,000.
The lawyer wanted 50% to try to collect the fees.
I wanted...
I'm considering a self-directed IRA but have a few questions.
First, If I purchase a house outright how do I calculate ROI? Is it simply (Monthly Income - Expenses) * 12 / Purchase Price?
Second, since I pay Taxes,...
Good Morning Fellow BPer's!I have a situation that has come up recently with a rental unit that I have and wanted to see what the communities thoughts are. My tenant recently passed away 11 months into a 2 yr lease i...
When developing affordable housing in California (more specifically Los Angeles), how complicated is it to raise capital using subsidies?Is it common for developers to use subsidies to cover 100% of the construction c...
I feel there is gotta be a catch - HD is offering free whole house install with purchase of carpet and pad.What is the catch? :)
Hi All,Going thru a refi right now on a SFR property and wanted to hear your thoughts. The basic numbers: 123k balance with 16 years remaining. Current rate is 5.49 Im talking with Quicken Loans about doing a refi, ...
Hi everyone!My name is Kris Toribio. A little background information on me - I'm currently living in Skokie, IL. I'm a full-time graduate student at DePaul University pursuing my doctorate degree as a Certified Regist...
Hello BP community,Here is the situation. I'm really itching to get started with an investment property. I'm looking to buy a HUD/Fannie Mae forclosure paying 3.5% down. The issue is I'm only 2 months into a 12 month ...