Hi, newbie landlord here. I finally found some good tenants to rent out my house. Now I need a lease for them to sign. I found an attorney who said he could write one up for me for $350 (which seems kinda steep for m...
Hello guys,my partner and i are using for the first time a local hard money lender in the los angeles area. We are borrowing 250k over 3 monthsWe just received their estimated settlement statement which seems to carry...
Hello fellow investors!
I’ve found my first property, am in negotiating stage right now. This is a duplex 2 beds and 1 bath each unit looks like, I can’t see the other unit because it’s rented. They wanted $169K, dr...
Hi BP community I just want to start off by introducing myself to everyone and I thank everyone for your contributions in advance. My name is Paul Yousef from the greater Detroit Area. I've been on bigger pockets for ...
We purchased a property in Chicago at auction that is one of the standard Chicago greystone multi unit structures. However, this was illegally converted to a single family residence I believe sometime back in the 90s ...
Hello - I am a 22 year 2017 college graduate. I am currently employed but am seeking passive income in 2018. I am curious, from the various experiences of those reading this, how much should be put down on a first mul...
Hi All, I have a career making a good salary, My dream is to buy a building. Not sure where to start. I have heard start with condo, or SFH, but listening to Grant Cardone, he would say start with 4unit building or gr...
We have a contract on rental #6. Cash out of pocket $15,000, Purchase price $89,000, rehab $23,000, ARV $135,000, capital gain $12,000, 80% return on capital gains, monthly cash flow $463, 37% cash on cash return, tot...
Hey BP. I'm wondering if you guys can give me some legal advice. I just purchased a house a month ago, and after moving in, I noticed that the toilet in the second floor bathroom is not level. There is a cabinet in th...
Hey All, I'm about a week and a half out on the closing of my 2nd REI purchase in Summerville, SC. Here are the details of the deal:First, I'd like to thank @Jeffrey Stasz for his help with this. We were skeptical of...