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Hi BP,i have quite a number of relatives and friends who have money and who are looking to invest. Are there any resources out there to start a syndicate? What do you recommend I do? I want to harness these resourc...
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We have a home in a desirable area and a couple of folks have asked if we'd consider owner financing, so we're considering it. We would obviously ask for a down payment, proof of income, and proof of insurance. We'...
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Hey everyone. I'm currently flipping about 2 properties a month. For those of you that are flipping 5+ per month or know someone who is, do you recommend starting to build out your own subs and manage the projects you...
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Hello! Today, I received a copy of the water shutoff list from my county clerk. I have 57 pages of information. There are few different categories on the list. There are "shutoff for nonpayment", "shutoff", "seasonal...
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Hi everyone. I am curious to how people find off market smaller multi family properties. I am talking 5-20 units. I am familiar with finding residential deals to flip and 2-4 units using things like list source, tax l...
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Hello Folks,Understand this is probably a repeat story. I hired a contractor through biggerpockets introduction. He "was" (per the public records I found out) a licensed builder in MI and I hired him to do 2 jobs (Gar...
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Hello BP! As a newbie with little capital, one option is to find a partner. What are qualities you look for (or would look for) in a partner? What are some important questions to ask? I know that any partnership arran...
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In the process of finalizing the purchase of a triplex. Fully rented to three tenants with yearly lease, to expire May 2015, July 2015 and August 2015.However. in reading over the lease - the seller has written into ...
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On the top of my head there are different ways of managing your multifamily properties, (7-12 units) I am curious as to your experience of how to best manage it in a B to C class neighborhood. 1. Managing it yoursel...
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Planning on moving into a rental and doing some rehab. I have a credit line and other avenues to cash so financing is not totally necessary.
I am contemplating living there 2 years, selling and saving on a 250k gain....