Hey guys,So my grandfather passed away about 6 months ago and my mom inherited 2 motels totaling about 40 units. Our area brings in people from all over to work at oil refineries on a contract basis for about 2-4 week...
Greetings BP Community! My name is Miguel and I'm 24, I've finally decided to start taking action. I'm from LA (Orange County) and I know deep down in my core that I want to be an Investor that wants to deal with Mul...
Hey guys!Wanted to share my experience with a recent land contract deal I finished late last year, for anyone that might care to read and could maybe pick something up from it. It was my very first, and although defin...
I currently have a single member LLC with a commercial property under long term lease. I am on the verge of purchasing my first vacation rental that I had planned on putting in the same LLC. However, my accountant sug...
Good morning BP!!!, I am curious to know where did you start? What was your first deal? I haven't acquired my first property yet.I am 26 self employed(flipping cars.) My credit isn't that good due to student loans. I ...
Hi all,
Been a while since I visited this forums. So after my first purchase, I got it rented out. When I rented it out, it was partial furnish. Stove, refrigerator, Washer & dryer. These item belong to the previ...
New at this game. How do I gauge whether or not I should sell my property? What should I take into consideration?
I have a duplex that I have owned since 2010 and is rarely vacant. At the moment it is under rented. W...
My question is on debt to income ratio and how that metric limits your ability to obtain additional mortgages in order to expand your MF residential real estate portfolio. When I purchase my first MF residential prope...
Happy Wednesday all! I am new to BP and have recently taken a dive headfirst into learning all about REI and how I might be able to leverage some of the investing strategies to create passive income into retirement. F...
I am acquiring a 6 unit multi-family apartment building (and very new to the real estate arena); I live out of state so I will need hire a property manager to help manage, improve, and renovate the building. Does anyo...