My husband and I own 6 rental properties. His sister and 3 children moved into one fully intending to pay rent. However she fell ill, lost her job, and has not paid but a few months rent this year. Of course my questi...
Like the title says, how much do you pay your private lenders? I have seen that 8% - 15% seems like the average.
Now another question - is that 8-15% on the money they lend you or of your final profit?
So I closed two weeks ago on two townhomes that together make up one duplex. Because the purchase price would have made the loan below lending standards (49k for each one), I had to get creative and buy them both for...
Hi All!I recently became involved in the mobile home park industry with a new partner who has been doing it for a few years. As we are fixing up the parks and selling manufactured homes in spaces, we have been using s...
Many HVAC professionals really push installing a second furnace in larger gut rehabs that have ducting or other issues in the field. The two other methods I am aware of are installing a motorized main damper to direct...
If a seller has pulled out equity to improve their investment property with the intent to rent and is willing to do a lease to own, what are some contingencies to consider? is there a standard amount of time before th...
I have a local credit union that will loan money to me at 2% for a term of up to 20 years. The only caveat is that i have to have an equal amount in an account with them as collateral. I feel like this could be a grea...
Our LLC is working to acquire a multi-use resort out of WA state. Recommendations on how to structure deals for Commercial Properties and make it enticing to investors are appreciated.
Hey everyone, my name is Walker, I just got started here on BP, I’m working to educate myself on REI in northeast Ohio, I’m open to other markets, but I’m acquainting myself with areas I know, and hopefully, I can acc...
Hello all!
Newbie here and I just bought my first 4 family in Peabody. I am in the process of going through it and turning the units to maximize rent income. Lots of work but that's a story for another time!
I have...