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I've got a quad under contract. All units are currently leased. One of the tenants is the seller's daughter, and she was given a rental rate $100 less than market to "keep an eye on the place." I've met her, and her f...
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BP readers,For those of you that don't know me, I'm starting out as a cre broker in January and am really pumped up to return from my stint in Australia to get started (although I'm quite happy "down under"). I've jus...
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Need some advice on my current deal. We signed the contract a month ago with the property owner (x-husband). Turns out in the divorce papers from 10 years ago it says the x wife has to approve the agent and sales pric...
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I'm receiving a contract on my multifamily (6unit) that we have had now for 10 months. It was a dump, fixed it up and now it is 100% occupied, stable and cash-flowing. My cashflow after all expenses, debt service a...
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Hello - My husband and I are new to the New Orleans area, and are interested in investing in multi-family properties here as buy and hold investors. The real estate market in New Orleans is very hot right now, part...
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Hi Guys,
I'm looking into my first potential real estate investment and would like all advice possible.
Option 1:
This property does not have a good appreciation potential, but financially appears...
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I'm curious as to how others got started in the paper business. In my case I began buying notes with money that had been saved and previously invested elsewhere. What was your source of start up capital? Did you use s...
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I own a small multifamily. I use a 3rd party PM, the property is out of state, and I can't do everything by myself. I track my properties using Excel. I look at leasing trends, expenses, my return and a few other metr...
As a wholesaler in Washington I am concerned about a Seller who may not fully disclose material defects that affect the value of the home. As a wholesaler we sign purchase and sale agreements before the inspection per...
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Hello Everyone,I found BP a few weeks ago and have been voraciously reading and listening as much as I can since. I’m hoping to (1) introduce myself, and (2) get some guidance/wisdom on my current situation.First off,...