Hello everybody. My brother and I have a rental home in Los Angeles, CA we inherited from our parents. We had told my tenants first, a young family of one child who had been there for over 7 years, that the home was g...
I'm in the process of trying to acquire my first multi-family property in Chicago. I wanted to receive a few opinions or suggestions on how I should be sourcing potential properties. I feel that I'm competing amongst ...
We recently had a tenant pass away (not in the unit) who has no family in the state. We are unable to reach a relative. Can someone point me in the direction of what happens to his personal belongings? I have searched...
Hello! I am hoping to get some solid advice here :)We bought a 4-plex in Grand Rapids, MI in 2017, thinking it was a wise location for investment since we travel there 1-2 times a year to visit family. We got it for a...
So I'm getting ready to make an offer on a REO. Listed at $65k. It needs about $10k in repairs, ARV is $100k. I am looking at a rehab/mortgage combo at around 5% and 20% down.
Will rent for $1000-$1100
P&I - $3...
EDIT: 2/24/16 We now have a working BP Android App and have had one for the past few months - Get your copy today.
I've gotten a lot of grief from many users over our not building our mobile app in Android yet and w...
I have my first two homes rehabbed and marketed for rent. My first has two separate families interested. Trying to decide; probably a no-brainer but I am asking for advice.
1) Family one - Mother with two kids, mov...
Hi all.I'd like to get your thoughts on forming an LLC, from folks who have done this before. After review, I've determined that I want to set up an entity to hold my investment properties to add a layer of protection...
So I'm in the planning stages of a full rehab in Portland, OR. I'd like to describe the agreement that I came up with for what I believe is an equitable split for the proceeds and see what some more experienced rehab...
Hey BP i just have a quick question I am about 6,700 in CC debt I also made a mistake and took out an installment loan with upgrade for 4,000 monthly payment is about 178.00 for about 18 more months left on payments. ...