Hi,I am currently stationed in Yuma, AZ but I would like to start investing in small multi-families in my hometown of Roanoke, VA. In order to get moving in the correct direction, I am trying to establish a team in t...
Today my lender sent me an email asking for the purchase agreement on a new duplex. He said that the appraiser has asked for this document in order to complete the appraisal. Is this standard practice? I see no reason...
Hey guys, I know every market is different and it depends on the house, upgrades, etc. but just looking at getting my first place and am planning to house hack while going to school. I’m running some numbers on the bi...
Hey BP community!
I have a property that I can obtain using seller financing.
- Is it necessary to use an attorney during the process? I do not mind paying for the costs of one if the community says and will prote...
Can I use my IRAs to start my real estate business and is there a way to avoid the taxing of the IRAs
I'm in the process as a new wholesaler trying to figure out where to put the amount that I'm owed in the Assignment Contract. Don't know if I should disclose that information actually. Also, should I have issued the P...
If you calculated say 200 a month in repairs and you make no repairs that month. Do you count that as cash flow or put towards cap ex? What are people doing in that situation?
I'm a new real estate investor who has made an offer on two Indiana properties listed as short sale by the owner who is behind. The bank in question is IndyMac Mortgage (now under One West).
I've made somewhat low...
Hey Guys,When you receive VM's as a result of a direct mail marketing campaign do you qualify the lead by calling them back or do you do some cursory research of the property before returning the call? Trying to esta...
Hello,While we have been owners of commercial real estate for 7-8 years, we are now looking at expanding our horizons and seeking to buy and hold smaller multi-family units (2-5). An excerpt from our (in progress) bus...