Hi Everyone,I recently went under contract for a package of three houses with a 21 day due diligence window and a closing period of about 60 days after contract signing. This is a transaction in North Carolina and we...
Hey there BP Community. I'm a relatively new member. Been mostly creeping the forums, devouring podcasts and running numbers on properties. Probably ran the numbers on 75-100 properties and this is the first to actual...
I've read a ton of investment numbers here, but I need to do this for clarity.
I need to know what % the mortgage should take of the incoming rents. Should I include tax in the mortgage when calculating this?
This e...
Hi All, My husband and I were under contract on a Virginia home -inspection, appraisal, financing all ready to purchase- then found out that the seller's mortgages + judgments came to more than our purchase price of $...
Hey BP,Reaching out to get some advice from a tax strategy standpoint. I currently have 13 units and am looking to aggressively grow my business over these next couple years. I have one property that was a complete fa...
Hi everyone, so this question might come across a little strange, so I thought I would first give some background information. So as things go, my little fix and flip business is starting to grow and I am starting ...
I live in a small condo building, 34 units and have served as Vice President on board previously. When I was on the board all architectural improvements required board approval.
The new HOA president lives 2 ...
Hey everyone,I'm buying my first property ever and it's been quite an experience. I had an offer accepted, 645k for a 3 unit on the edge of Boston - Hyde Park. I thought that was a bit high. My agent said he thought i...
I looked at a house to day it was huge very nice on the in side.
it home movie theater many bath rooms and a lot of bed rooms mater bed room has his and her sinks basement has plenty of room for more bed rooms. all ro...
Looking to rehab a 1950's rancher, it needs to be rewired due to the old existing knob and tube wiring. It also has original plaster walls in decent condition. I was originally thinking a full gut job in order to make...