Looking for ideas! I’m an actual rookie and had no experience with investment properties. My husband and I just bought a single-family home, but we are only using 2 rooms out of the 4 rooms we have (3 beds with a stud...
BP Family - long story short, I am working on trying to structure a deal on a 25 unit mobile home property. It's not a mobile home park. Each mobile home is on it's own separate piece of deeded land. The property is ...
I am interested in buying a fourplex in Northeast LA using FHA financing and occupying one of the units as my first rental property. The property looks pretty crummy (and the price point the seller is looking for cer...
I've listened to several of the rehabing podcasts etc shows 2,12,18,21 but no-one makes mention of rehabbing a multifamily. How does rehabbing a occupied multifamily (say 3-4 units) work if youre working on a timeline...
Hey BP community,
after about 6 months of looking for my first property to buy. We have found it! Actually, I should say my wife did. She was telling one of her co-workers about us wanting to buy a house, long story ...
I am using the method from the Rich Dad Poor Dad book the ABC's of real estate investing, for figuring out offer prices. The equations are pretty simple: Income= income-vacancy. NOI=income-expenses.Cap rate = NOI / co...
is there a certain script or different types of question you should ask for each type of "motivated seller"?Am I going to use the same script/ask questions for vacant lead, estate, expired listing, pre-foreclosure?I'm...
I have a seller who needs an additional 45 days AFTER closing to move his dogs to Arizona. How would I go about adding this on the agreement? Has anyone been in this situation before?
Evening BP Family, We’re rookies and just finished driving for dollars and seen a number of empty homes in the houston area due to flooding? Is investing in a home that flooded during Hurricane Harvey a good idea? Wil...
I have done pretty well with my investment portfolio so far. Over the past couple of years I have pulled together 15 units I own by myself in my company name (duplexes, triplex, and 4 plex) and I have another 10 units...