I am in the process building a investment company while working full time in the Army. I'm basically starting an LLC for tax benefits. My current property (which was my first)I purchased as a short sale for 136k 3 yea...
I have been researching this with no and little info. I do understand the basic understanding on both but not 100% sure which ones are good or better than the other. I heard the fraction notes investors have very litt...
I have done a lot of research on Markets around the country and Cincinnati seems like a good place to buy Mulit-family (10+ units). It looks like the market has picked up, but is not maxed out, with 5+ years of growth...
Hello [BP] world,My name is Mike. I am an aspiring investor from the NW Chicago suburbs. I'm 29, have a background in finance, a day job I enjoy, and currently have zero real estate experience. I have, however, been r...
I was recently introduced to a potential partner through my real estate agent. My agent introduced us because he thought we could be mutually beneficial to each other. He was working in oil and gas and lost his job ab...
Hey,So I am looking at a 22 unit deal in Lakewood, WA. Going through the numbers I noticed that the building currently has one master meter for electricity, which the owner pays for out of pocket. Does anyone have e...
Hi BP'ers,I'd like to gain some views and advice on a current situation:Flip twin in desirable neighborhood purchased by auction on 11/11. Purchased $239k (all costs). Target selling price $465k. Target profit $70k. V...
Hello,I've recently signed a lease with a new tenant. I made the mistake of accepting a personal check for the security deposit. I now know never to do this, please spare me and help with my current issue at hand. Th...
Hi Everyone!I have been heavily researching starting a real estate portfolio and was hoping to get some advice/feedback on my plan.I am 23 years old, have a salaried job in corporate finance, 750 Credit and recently m...
Hey Multi-fam BP'ers...I had a deal that looked pretty good on paper until the seller disclosed they pay for all utilities. That really messed up the plan. The actual numbers are below. So my question is this...how ...