I own properties in and around the midlands of SC. I have a Property Management Company in place; however we only manage what we own. I have a full time property manager/office location and I am in and out of the...
Hello,My husband and I are new landlords, just bought our first in October. We are located in Newark, NJ in an area where a 3 bedroom goes for 1300-1800 and a 2 bed goes for 700-1100 ish. When we bought the place, the...
I am just starting out. I have been researching for about a year now and my strategy (at a very high level) is to BRRR my way to financial freedom. I am not excluding other strategies but I intend to focus most of my ...
It's true: you really don't need a real estate license to be a successful investor. Most people reading this already know that.BUT…There are five main reasons—and valuable ones, at that—for taking the exam and getting...
This is the jist of what has happened. I've written this as a letter to them to vent, but you get the idea. It's all documented via text and email, as well as video (I used a body cam when interacting with tenants, wi...
Hello BP community. I have a homeowner who bought a multifamily a few years ago, hired a management company to keep it maintained and rented, and basically forgot about it. Now the place is trashed, tenants stopped pa...
And to be honest, it was probably the worst financial mistake I've ever made in my life. I used one of the BP local sales people, and after everything was said and done, I realized, I did not do enough on my own end t...
Our process is to use a broker to originate all of our loans. We fund the deal and then the Note and Deed of Trust are assigned to us at closing. Pretty standard stuff.
The DOT and Assignment of course must be reco...
Good afternoon BP.
I'm currently screening an elderly couple from NJ that is moving to Charleston, SC area to be near their daughters and grandkids.
They intend to occupy my 4/2.5 on 1 January. I have multiple dis...
Looking at purchasing a 23 unit apartment complex that was originally built in 1908 for 125k. The building was originally a high-end residential apartment. The interior has been demoed except for the interior walls an...