House flipping has become the day trading of the first decades of the 2000s. But in the rush to make a profit, far too many would-be real estate moguls overlook the basics and end up failing. In this article we'll loo...
Hi,My in-laws have signed a promissory note to privately loan $60k to the buyer of their restaurant over the course of 2 years at an interest rate of 5.4%. The buyer recently told my father in law that she might be in...
I have a NJ real estate license and have 7 completed lease option deals, 1 so far has closed, the rest are moving along smoothly. I went to an attorney to be sure my documents were Dodd-Frank compliant and received s...
Hi BP Community!My name is Sean and I live in San Francisco. I am new to investing and new to BP. First off, THANK YOU very much for being so helpful already and creating the endless amount of content and info this si...
The water/sewage/trash collection utilities are all rolled together for my prospective property here in VA. Should this be paid by the tenants or by me?
Hi everyone,I need to replace a gas washer and dryer at a 4plex in Dakota County. The units were recently remodeled, and the laundry room is the only thing left to tackle. Currently there is one coin operated dryer...
Hello all so this is my first post and I've been on the app for over a year now was just reluctant on posting anything but here goings please don't be to rough on the punctuation lol.so I've all way wanted to get into...
I have a couple great tenants in my house in St. Louis city. However, they are dealing with my not-so-great neighbors. SFHs but not much distance between houses. I know that I can check the noise curfew and I know ...
I am using the method from the Rich Dad Poor Dad book the ABC's of real estate investing, for figuring out offer prices. The equations are pretty simple: Income= income-vacancy. NOI=income-expenses.Cap rate = NOI / co...
April Is Earthquake PreparednessMonth In California. Are You Ready?April Is the official month dedicated to "EARTHQUAKE PREPAREDNESS" There are things you and I can and should do to help ourselves, our families and ou...