Hi BP,I've had a tenant for about six months who has typically paid on time. However, she has run into some hard times and is now behind on rent by $1,890. ($840 remaining for Dec 2019 + $1,050 owed for Jan 2020 = $1,...
I have a property ground lease that is 15 years old and 3 years left on the lease. A Hired broker of the large chain restaurant wants me to contribute 100k toward improvements and in exchange they will extend the lea...
Is there a way to easily use Quickbooks to track expenses for a specific rehab project (flip) against an initial budget?Let's say at the beginning of a new rehab project I have estimated amounts for the labor costs, m...
When analyzing a deal, should an investor who finances the deal with a conventional loan factor in ROI on debt pay down and ROI on appreciation?Example: I am looking at a property to purchase for $132,000, 25% down on...
I have the opportunity to purchase a 2b/2b 1300 sq. ft townhome for 200k. 5.5% interest rate and 25% down. Monthly payment is $1350 before vacancy and capex. There is an existing tenant who has been there for 5 years,...
My company is looking at the acquisition of a pool of first position non performing residential mortgage notes in various states. These mortgages are within 6 months of going to the foreclosure auction. Buying the not...
I have completed my latest rehab and have also posted some of the costs involved. I would appreciate any feedback you can give me in terms of how the house looks and what would you have done better/differently and if ...
Hi all,I'm in the SF Bay Area and looking to do some investments possibly out of state with a turnkey company. I have no cash readily available; however, I have a $175k HELOC available to me from the equity form my pr...
There is a property in my hometown that is a foreclosure for only $13,000. I'm very interested in buying it for a fix and flip. Today my father and i went to go look at it and It does need a lot of work, the agent sai...
Hey everyone!Brand spanking new investor here. Deep in the corporate rat race with no means of free time and/or meaningful wealth generation. I'm also the owner of my photography business with early aspirations to tra...