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Hey guys! I just closed on my first investment property a few days ago. Unfortunately for me the lender and the title company were not seeing eye to eye. I was unable to close the investment property in the LLC. I had...
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Hi All, yes another newbie only one rental in! I need some advise. I have been binge watching podcasts on BP and have found a single family home close to me that I researched. The following is what I have found. F...
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Hi BP!
So I've decided to make the jump and buy my first real estate property. Since its my first property, I naturally have blindspots and I'd thought I'll reach out to the community for help. Found this property th...
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I just purchased a triplex in Dorchester with 2 tenants in it. One of the tenants reached out to me, and what started as a friendly conversation quickly escalated out of control. The tenant first mentioned issues she ...
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I recently learned you are able to use potential income generated in a multifamily home to qualify for an FHA loan,I live in an expensive market so this beneficial for me but I don't know exactly how this works. I'd a...
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Hello!I'm working on a seller finance deal and I'm having trouble crunching numbers.This is a 3/2 with a purchase price of 75,000. 5K down payment and terms are 5 annual payments of 14,000. No interest.Rent: 900 - 100...
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Hi,I just joined and looking to get started in real estate. Specifically, I'm looking to learn more about building a portfolio with buy and holds as well as wholesaling. Looking forward to meeting some people here. ...
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Hi BP! I'm new to real estate investing, I am located in San Marcos, Texas and have yet to perform my first deal. Mainly, what is stopping me is a ton of questions I have about the process. I chose wholesaling because...
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Hello all,Here's a question to you small multi family landlords that have properties with a shared yard. Specifically, what is your policy on its use as well as the use of tenants' items therein?Some context...I have...
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I have new tenants moving in this weekend and came to see the unit from the last tenants... This is the sun room. This is my only unit with carpet, can this be cleaned or do I need to rip it out?