Good morning guys and gals! I'm always seeing what transcends into a good deal. I'm curious though, what was your worst deal or hardest struggle with a property? Was it the PM? Did you make a mistake on the numbers? L...
My Partner and I purchased the property in 2016. After renovating it we rented the property for one year. Now it is in escrow and expected to close in May. We made some profit in this transaction. Would I be declaring...
My sister is about to enter into an interest only loan. I don't know thing one about these kinds of loans. My gut tells me that it's a BAD idea. CAn I get some help please.
So I have 3 deals under my belt..a 3 unit, 6 unit, & a 9 unit. Currently working on financing the rehab of an 11 unit. So I'm getting decently familiar with commercial lending.
But this one building has been st...
I have found a property to wholesale. It has been abandoned but I am sure that the seller would be motivated to sale should i approach. My only concern is that the house may be under foreclosure. If we negotiate a ...
Hi everyone! I was recently approached by an investor who wants to sell their quadplex in the SW side of Cedar Rapids IA. This is the first quadplex I'm considering purchasing but I'm worried that my numbers are too c...
So you ready for this? We are in the process of selling some of our portfolio in the Midwest, apt buildings. Have a couple groups out of NY who place good bids and to which our broker stated they would go with. Thi...
I have a question for experienced MHP investors. Many parks I'm finding are majority, if not all, POHs. If I were to buy one of these MHPs and transition it to mostly TOHs, my NOI drops significantly, therefore when I...
Hi BP,
I'm currently prepping my house to be sold within the next month. It has one major issue, the upstairs original hardwood was covered with carpet and a ton of glue. Almost every single floor refinishing contrac...
HI BP! Any and all strategies and ideas as welcome!! Before jumping into this question, some background for the readers. I am stuck in Analysis Paralysis and need some idea generation to help me move past it from more...