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Right now, I'm pending a duplex for a client: 3241 N College Ave. I cannot reveal the contracted price as that's not allowed but asking price was $410,000. Mortgage is around $2500 when you factor in taxes / insurance...
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Hey guys - I'm in the process of finding my first deal & confused a bit by the numbers. Let's use this example....I buy a house for 140k that needs about 10k worth of work. I spend 150k total. My monthly mortgage ...
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What's up BP!So a backstory that will tie into this post. Our overarching REI goal is to acquire 7-10 properties in total and pay them all off in 10-15 years using the rental debt snowball method (with plentiful contr...
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Today’s Date
Dear TENANT,
We hope that you and your family are safe and well in this difficult time.
We wanted to provide a clarification on rent: Your rent is still due on the 1st of each month.
Although we s...
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Currently I'm using rent spree as a platform to allow my tenants on line payments, it is secure however the site is very basic. I have 16 units that I would like to set up collecting rents on that make it easy for my ...
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Hello BP family. Is anyone using an Amortization Schedule calculator to figure loan information? If so what mobile app do you find to be the best? Also, what is a good computer or online program to calculate and keep ...
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Hi All! Can someone help me with this Owner Carry scenario? How do I structure the escrow or loan. Sellers wants the down payment in their pocket right away. so do I create an escrow that also draws up separate loan d...
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How would one handle insuring mobile homes that are purchased to resale for payments?
I imagine it is calculated into their monthly payments, and I, as seller maintain responsibly to make the payments(?) I ask beca...
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Hi guys,I currently have my first flip on the market to sell that I bought a couple months ago. However, I have a question and hoping someone can help.I unfortunately am not going to make much, if any, money on this h...
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Hi BP,Can someone help a newbie piece together the story behind the note data below? This is just a learning exercise for me, I don't have the education or background to seriously consider investing in NPN's, but I'm ...