Hello BP community! I and my wife will be moving to Jacksonville Florida from the San Francisco bay area. I’m lucky enough that the sale of our home here will give me options to invest if real estate (SFR or MFR) in F...
Does anyone have any experience with online rent payment services that claim to help tenants build their credit? This is what I've found so far and I'm trying to find one with the lowest cost for both landlord and ten...
Is it a conflict of interest if my PM company only provides quotes from their in house team? I am worried that I am paying too much for turnover/major repairs without collecting multiple quotes...
Hello everyone, I've been offered a 300k short term loan (5 year) at a low interest rate and I'm mulling whether to take it and also what to do with it. I can support the monthly payments with my salaried job but I'm...
I have a motivated seller that is asking for a cash offer on her property, is not interested in a lease option, and it does not need repairs. What calculation do I use for that specific deal to come to an offer?
Anyone on here has any experience with Chase Real Estate in Naperville? A friend of mind wants to get into flipping houses and they are selling her on the idea that they will do everything. From finding the property, ...
I am new to real estate investment. I recently closed on foreclosed property that required me to buy property on cash. I bought this property with 30K cash. Initial repairing expense is 5K. I am hoping to get tenant i...
Just a few basic questions:
1. When you sell a owner financed house, technically, by law your supposed to pay taxes on it. You just sold that house thats worth 120k. But you only put 75k total into it. As far as the ...
Hi everyone, I am a newbie here, just know this website not even a week from my client. I live inLos Angeles, CA, but I’d like to invest somewhere else like NNN property or post office where I don’t have to be there a...
I used MoneyTree and it looks like I had to pay:
395 for Loan Origination Fee
595 for Processing Fee
I'm not what else on the sheet MoneyTree is a direct/indirect recepient of but is that considered high or normal? ...