I've been researching and reading forums and other people's stories. I've read that high property taxes in Texas makes it virtually impossible to realize positive cash flow. Is that a true statement? What strategies s...
Hello,I bought a property (SFR) earlier this year and completed the rehab and renting. I waited the seasoning period for the conventional mortgage (6 months) and spoke with the lender this morning. I was offered a 5.7...
I have been saving for 2.5 years now working two jobs while attending undergrad. I graduate this May with a job lined up at a Big 4, 25k saved and 3 years of building credit(760). I will be in Los Angeles so a tough/...
Hello Everyone! First time using Hard Money lending. I need your advice to see if the terms are fair from this local hard money lender. The want to set me up with a $500,000 LOCPersonal guarantee -Interest: 9.99%-90 d...
Hi BP Community!We are getting set to close our biggest CRE investment here in about two weeks and since it is a hybrid of creative financing and an SBA 504 loan, we wanted to share some lessons learned since we have ...
My landlord stated he will take me to court for the cost of a replacement garage system, due to a lost remote key. He stated it is for safety purposes. I offered to contact the manufacturer of the current system to pa...
I own a couple of empty lake lots in my self-directed Roth IRA. Am I allowed to mow the lawn on them? Or maybe doing a little removing of brush by hand? Thank you, Bruce
Hey Everyone,I am looking to purchase my first investment property in DC and possibly occupy one of the units while working in the city. My income and reserves are large enough to support a $1.5M property with a stand...
Hello fellow BP members,
Please kindly offer your advice on this property deal. This would be my first commercial apartment building. Its an out of state property in Columbus, Ohio. 12 unit - 2 bed / 1 bath apartme...
Hey BP!My name is Mark and I'm new to BP. I'm a Financial Planner from Vancouver, BC, and so while I'm new to the real estate game, I have a solid understanding of investments and finance. Looking to build out a long-...