My in-laws are offering to deed transfer their North Lake Tahoe vacation rental house to us with some good terms attached. They are tired of managing the rental, have plenty for retirement, and ready to move on.
They...
Well my first deal is done. I am the proud owner of a 4 plex in Phoenix, AZ. Before I go into the details with the numbers, I should tell you about my goals. I want to get into commercial multi-family real estat...
Hi BP,So I've owned a 12-unit in Cincinnati (Evanston) for a little over 2 years. Most units are studios (efficiencies). I'm out of state. It seems as if the rent has been going up. I remember when buying the building...
Good morning my name is LeShon and I wanted to introduce myself to you. I currently live in South Florida, but I am from NY originally. I have been researching "normal" cap rates and seen that my business plan is expo...
My current tenant is moving out August the 30th and I am seeking a new tenant beginning the month of September and I have a few questions.1. What are some red flags I should lookout for in a potential tenant?2. I post...
I'm in the process of looking at a SFH and a 4-plex. While running my numbers in my spreadsheet plus the BP calculators, I'm getting mixed results. Just note that this would be my first rental (w/ hopefully many more ...
So I took the plunge and went ahead and got the MHP home study course (the big expensive one with all the cd's and razamataz0 but i'm a little hesitant on spending another 200 dollars for a due dilligence manual , fir...
I've been marketing for wholesaling for about 3 months now but I think I need to change up what I’m doing to get some results. I have been cold calling some tax delinquent properties and have sent out some yellow lett...
Hello Fellow BP-iansOne of the tenants I inherited with the property is supposed to be a handy man/maintenance guy. I am in talks with him to see if he could be a full time maintenance guy living on the property. I kn...
Hello BP. I have a question on what legal things have to be set up in order to bring on financial/equity partners. I am working on a few big deals right now and have a few guys lined up to help me finance them. But af...