I have a friend that called me yesterday. He was looking for advise. He has been watching me purchase and rent properties and he wants to get in the game. He makes decent money (He is a part time college student and w...
Hello all, I am currently debating two different paths to get started in R.E.I. Path#1: I am wanting to build up my investment portfolio, typical buy and holds and occasionally flips etc.. Path#2 I have been entertain...
I recently got my offer accepted for a duplex but almost all the banks are asking for 25% down and I always thought 20% is the go-to way to get things done. I really need some asap replies to pinpoint some banks which...
Hello BP,I am selling a house via owner financing, and I am wondering what information I should get from them before taking their down payment and closing the deal. Other than where they work and what their monthly in...
Starting on my second flip next week.Did a not-so-great job of keeping up with receipts and expenses on my first flip and it made things difficult in the end to fully asses. I think what Im looking for is an app that ...
Hi all!
I'm just put an offer in on my first rental. A duplex that is fully occupied. Still trying to narrow down the laws here in Ohio as far as taking over the current leases. I need to occupy the house since I'm ...
Hey BP Nation!
So I am have been landlords for total of 700 years.....I mean 7 months! I am still collecting my rent through Venmo, CashApp, etc. But I am looking for better options. Options that do not require me to...
Greetings,I'm attempting to analyze a BRRRR deal using the calculator. The initial purchase will be done using a HELOC with a 4% rate and five year tenor. How do I indicate such a loan for the Purchase Loan Details se...
I was wondering what bank to use for my small business that buys multifamily properties. I want down thing that is FDIC insured, has a debit card, has minimal to no monthly fees, also has great customer service and gr...
I have a property that I turned into a rental 4 years ago. This property has increased in value $90,000 from the original selling price. What are the tax implications if I decide to sell the property without reinvesti...