Hello, I am a new investor and I am pondering a new strategy. If I buy a property from a motivated seller for 80k then refi for 110k because that is what the comps in the area are worth can I keep the property as a re...
Here are just a few sites for all parties involved in this real estate biz... I know this is a common question so here is some info that may help below:
There are primarily four ways to get information on comparable ...
Hello all,So in my pleasant surprise I had been in the works with BGE to turn on the electric in the new project. They still have yet to come and turn on the electric since they needed me there to do it. Anyways I wen...
Hey BP! Just walked through my very first property as a potential first deal! It is however, a bit different. I do like it because it was a single family home but it is laid out as a perfect multi-family. A kitchen, ...
Situation: in 2017 I got a property under contract for $60k. Found a buyer, who paid $1000 earnest money to the owner. Owner was elderly, and his wife had passed away in 2010 without leaving a will. So estate had to g...
Hey guys! I want to start by saying that I hope I posted this in the right area. Well here's what I have for ya:A buddy and I are looking to open the doors of our small business in spring/early summer of next year. Bo...
I’m setting up quickbooks and trying to figure out how to record a few things.
-Rent do I set the up as a bill or invoice?
-when the renter does not pay so I have to pay to cover the mortgage payment how do I record...
I have contacted several lending companies in South California, I don't really opt to use the one's that requires credit, for some business reasons. Are there companies that loan you the 70% of ARV? Are they much more...
I’ve heard investors say you should stay away from low payment notes. I’m wondering the rationale. As long as the yield is acceptable, I’m thinking what does it matter? I guess it could limiting because of you want ...
Question about refinancing a syndicated deal.Goal: I want to start syndicating self storage facilities. The long-term goal is to refinance the syndicated deals around the 5 year mark to pay back the principal invested...