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Hi everyone, this is Yang and I just step into the rental property investment as my first try :). Right now I'm trying to evaluate a property and would like to get some suggestions from the local experts (Google does ...
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Hi I hope this post finds you the reader well...I need advice on how to generate leads of motivated sellers. I check Zillow and other MLS services. I don’t have a car so I can’t drive for dollars. I tried sending mail...
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Hey all,Anyway to find the current address of an evicted tenant without resorting to collections agencies? They owe me several months worth of back rent and even fooled the court during the hearing by providing the ad...
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Hi,
I just talked to LendingOne sales and they told me that their 30-year Rental Loans do not report to personal credit report (under SSN) but only report to business credit (under EIN), but they still need to pull y...
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Hello BP Family!
So I'm closing on my first rental and plan on aggressively scaling in the next few years and beyond and am looking for a little advice from some experienced investors here at BP. I will be turning th...
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I have just sold a flip. The closing date is May 21, and the buyer is asking for possession on May 15 because he sold his house and the closing for that one is on the 15th. I am not inclined to allow this, but I ...
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We’ve lived in our condo for the past 3 years and are considering renting it for the next 2-3 years then selling it to take advantage of the 2-out-of-5 rule. Since we’ll be renting it we want to put it in an LLC but a...
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Hey BPs, given all of the great advice that I received in my prior post “Investment Property Gone Bad”, I decided to keep my property, and fix the minor issues that I had. I am currently now in the process of finalizi...
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Hello investors. I just joined BP. Looking to add to my modest portfolio with some cash-flowing (out-of-state) multi-family rentals.
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I am trying to learn the numbers to not waste anyones time, lenders, agents etc. Could someone break down why a property with an asking price of 200k, arv of 310K and repairs of about 30k is a bad deal?