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Hey Everyone!Im a 25 year old that has recently jumped into real estate while working a full time job. I currently own a four-plex and have pretty good knowledge on real estate.I am from a small town in the midwest of...
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I am looking to purchase a 50 unit multi-family property that has nearly all renters on Section 8 subsidies. The seller has provided the rent rolls and previous year (2017) Income Statement. I noticed that the expense...
Hi BP community!Brand new here, been searching for my first property. I’ve been looking at duplexes (or more) to owner occupy. I was pre-approved for 350k conventional or FHA. I’ve been trying to find deals that will ...
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Hello, I have been working on coming up with a more accurate personal balance sheet (as have my two partners in my LLCs) and personal financial statements. One things we are a bit confused on is how to show the assets...
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I've been aware of the strategy of using your 401k to borrow money from to buy real estate for some time now. You can borrow up to $50k and pay interest to yourself... got it...awesome. However, in my area the houses ...
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Hello BP nation, looking at county assessor's office and properties that are scheduled to be foreclosed.There is one in particular where the outstanding balance states roughly $35K. I know the property is worth much ...
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Hi everyone,I would appreciate your help with this one. I am a buyer negotiating a seller financed property. We've agreed on the terms of the deal, but I'm wondering about the mechanics of executing the deal. Do I n...
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Hello Everyone,My name is Maurice and I am completely new to investment properties. I'm originally from Colorado, but am now living in Texas. South Dallas to be more specific. I have always felt like I need to be in b...
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Hi everyone, I'm a newbie investor just taking my first steps toward making this my new business. I've been a web applications developer for the last 12 years, and I'm really excited to mix my tech skills and entrepre...
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Hello everyone, and thanks in advance for any insight you may provide!I currently live and work in Beijing, and have a rental property portfolio in the form of 7 condo units in downtown Seattle. They are managed very...