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I know, I know, "hate" is a pretty strong word, but it's true, I hate condo's as rentals. I reluctantly bought a REO condo 3 1/2 years ago and had it as a rental up until last week when I sold it and I couldn't have b...
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I just finished listening to episode 52 of the BP podcast with Ken McElroy, and towards the end of the show, he discusses how his investment company was focusing mainly on expansion of their large multi-family/apartme...
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I'm investing with an equal partner and unfortunately we're defaulting on our hard money loan because we don't have the money to pay it off and we won't be able to sell the home by the due date. A contractor also put ...
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I'm an out of state investor and I purchased a duplex in May (Fayetteville Arkansas next to the college). I hired a PM to help find the tenants and do showings. We were not getting a ton of leads and I quickly realize...
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Hi All,I've been shopping around for portfolio loans to refinance some of my rental properties.I was contacted by another BP member who has has private lenders who said he and his partners can help me refinance - his ...
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Hey guys,anyone who has rehabbed for rent has gone through this decision for kitchen counters, tile aint too hip and grout gets nasty, granite can easily be stained and is pricey, laminate and solid surface can be bur...
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Hi BP!Does anyone have a good spreadsheet template for tracking all expenses associated with rehabbing?Best,
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Hi everyone!Let me start from the beginning as this is kind of a crazy scenario! Here we go:There is a lady that I know that is a friend of a friend type deal. She's facing possible foreclosure (not sure how far behin...
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Hello,Just curious what you all thought about the idea of using a loan from your 401(k) to finance the purchase and rehab of a 1st property.My plan would be to use 40-50k to purchase a small rental apartment, fix it u...
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Hi there,I am new to real estate and looking to acquire my first buy and hold rental property. I was wondering if you guys would be able to help me analyze a deal and provide pointers on pursuing a FSBO. The sellers a...