I am in currently in contract on a triplex where two of the tenants are section 8. This wasn't disclosed until I received the estoppels today. Upon reviewing the disclosures I have a a couple questions regarding the S...

I closed on #38 today. it's located in Redford, which is close to Livonia, Westland, Garden City, Northville and Canton. It was not listed on the MLS, not from a wholesaler either. I had to pay back taxes of 5k, and i...

Hello all! I'm sure this question has been posted but since I'm new to the site, I'm not sure where to find it. What would you recommend be a good starting amount to begin investing? Does it take at least couple thous...

Hi, I'm looking for advice on how to best manage a package portfolio of 76 apartments spread among 20 small multi-unit buildings in the same area.  Total gross rent would be around $700k/year.  We may increase our por...

Hello all!
I was recently contacted by an absentee owner that responded to a yellow letter that I had sent. She said that she wants to sell her home but that the house has an egregious amount of liens that the prior o...

So I'm a little confused regarding non performing 2nds. Most I've seen have combined LTV equaling negative or at a minimum 100% equity. Meaning there is no "real" equity protecting the 2nd position.

I've hear...

I'm considering buying a fixer SFR with the intent to fix it, live in it and then sell in about two years.  My impression is the best city to consider is Newport Beach, as it seems to be a highly desirable city, givin...

Hello everyone I think I’ve come up with a way to kind of bring wholesaling out of the grey area of the law. This won’t work in all states, but it will work in California. Step one is you need to get licensed, then in...

Hello BP Community.I am trying to get better at analyzing rental properties so that I can buy my first investment property. I was curious what other investors consider to be a good GRM, Cap Rate, and Cash on Cash Retu...

I want to set up an excel spreadsheet to calculate my IRR on purchasing a note.

I have on the spreadsheet how to set up the loan terms to spit out a payment for each period (1-360). I'm looking for the forumla that w...