Not sure if this should be in buying real estate or in the deal section but here goes.
So I've been tracking a property for about 6 months now (maybe a little longer). I talked to the realtor of the property about 3 ...
I would like to hear a good discussion on Price VS Terms. Now, first off I am a big Fan of the the buying at a huge discount for cash flow. I have read enough posts by MikeOH on this.
Now I know these types of dea...
Land Trust Assumable Loan?
So perusing things, I cam across this gem:
Making Loans “Assumable”. A non-assumable loan can become effectively assumed by using a land trust. The seller transfers title into a land trust...
Hi BP Family,I have a very pressing situation that I'm facing right now with one of my tenants. The tenant is section 8, and all the rent comes from their voucher, they don't pay anything themselves. We inherited them...
I would LOVE to hear all of your investing perspectives and opinions on this... I have calculated the ROIs of a buying a rental property versus simply buying into the SP500 and sitting back for 30 years.Rental Propert...
Has anyone out there ever had a successful transition between raising rents SIGNIFICANTLY after buying rental units? I expect in essence to ask some very nice, elderly people to give up their "homes" and would lik...
If you acquire a 3-4 unit property and there are tenants there already, what is the best legal method you have done to remove them so you can pick your own tenants base on your screening methods. Reasons I ask:1. I do...
I just had an unfortunate experience with a rehab I’ve got going right now out of state. The contractor called to tell me there had been a break in and both brand new water heaters were stolen (it’s a duplex).
My que...
Hey Fellow BP'ers,So let me start off by saying I have a handful of deals under my belt by now but this one was by FAR the most stressful/hardest buy I have had the pleasure of doing. I won't get too much into it on h...
Charles Kim owns two S Corps: Kim's Tae Kwon Do Inc. and Kim's Brokers Inc. in 2012, he W2ed himself $30k for both corporations. He has two 4th degree black belt instructors working for him and has a K1 of $70,000. He...