I currently reside in Des Moines, IA and aim to purchase small multi family properties 4-20 units. I believe that Des Moines is a great market but many others are also starting to notice and invest here. Because of th...
Hi everyone. In an attempt to try to stop my analysis paralysis, curious as to what established investors would do in the following scenario:$100,000 liquidNo Debt at allRemote IT Job making 100k/yr. Location is a n...
Hi Folks, I live in Tucson and have 2 rental properties I own and manage. A friend of mine owns 5 rentals in town and he lives in Payson--about a 3 hour drive so I look over his properties.
Originally the plan was tha...
I am interested in buying a non-performing note of a property in California that is tied up in BK and has been abandoned for several months. Ultimately I would like to foreclose and acquire the property. The former ow...
Hey guys and gals. I want to start this post by saying thank you for taking the time to read it (if you do so). I'll try to keep it short and sweet. Over the last few months my wife and I have become incredibly excite...
I've been thinking about a creating a direct deposit account to accept rent directly from tenant checking accounts to mine. I would have to give those tenants using direct deposit the account number. It would save...
Is there a difference between the two?
If the loan terms were the same, would you be more likely to work with a private lender or a hard money lender?
Hard money lenders use private money, so to my mind they are the...
Hello everyone,First of all, I am new to BP and I enjoy reading people's posts. So here is my dilemma. I am selling a couple of my rental properties in San Diego, CA and would like to do a 1031 exchange on a multi-fa...
Last March, at the beginning of the pandemic, one of our tenants didn't pay, and didn't answer our texts. Finally, she contacted me. Her husband had left her. She had no food. She had no dog food. She had no mone...
Economic Update(Monday, January 4, 2021)Welcome 2021! We’re so happy you’re finally here. For all of us, there is now light at the end of this tunnel. If someone would have told you what was in store of ...