Happy Holidays! As of today, the House and Senate have sent the GOP Tax Plan to the President to sign into law. I've seen numerous threads popping up about the GOP Tax Bill. I wanted to start a thread to consolidate q...
Hi BP community!After hitting a very solid stretch of on time payments across my portfolio over the last 3 years, I’ve run into an issue with one of my LTRs where I have a tenant who now pays late every month. I’m no...
Here are a few list of ethics a good Hardmoney lender will follow and borrower to be cognizant about. 1. Do not Bait and Switch IE you see the 100% LTV 5% rates which we know don't exist. Don't advertise what you ar...
First of all thanks for reading this as I realize it is a bit lengthy. I just think this info is important in order to give proper context to my question.What would be a fair profit split on a deal where i bring all t...
Hi all, Well there's always a first for things and for me, it's being invited to my tenants wedding! I was totally surprised by this. They've been in my SFH rental property for nearly 2 years now (and are staying ano...
A thread I started today in another forum enlightened me to the fact that I haven't established my criteria. I may now be forced to go through with a transaction that is probably not the best thing for me (although i...
Hi everyone, I've been doing some research into demand and income statistics for AirBnB locations around the globe. I thought I'd share some current data for Hawaii.. This data is as of about 5 minutes ago. Avg Pric...
HiI live in the most beautiful city in the world.I'm a newbie, but not quite a complete novice. I'm in my 50s. I have 13 years experience of renting a cottage on our property (which includes leases, tenant vetting, ma...
Hello BP, I am happy to say that I finally have an accepted offer on my first rental property purchase. This property will not conform to most of the rules out there in BP, however I feel it works for me and my situ...
Hey.I am considering purchasing a multi-family/building that has between 16-21 units, most articles out here that I’ve read focus on 2-6 units so I couldn’t find a clear answer on this.Before I really start it out, I ...