All Forum Posts by: Robert Phillips

I’m super excited. I just put an offer in on a 3/2 for 65,000. There is one thing. The seller has a long term tenant in place. What do I need to do to make this work? I have a lot of questions. I know I have to honor the existing lease. What do I need to look out for? How would the original deposit be handled? Thanks in advance for any input

Thank you both for responding. I guess what I’m trying to figure out is what kind of deal do I need to find to be able to rent a 3/2 for 800 and still cash flow 200+ 

Do you guys buy property that doesn’t need much work or property that needs total rehab? Is there a place on bp that I could actually go over a deal with someone that has done what I’m wanting to do? 

What do you think about modular homes that have been bricked in and deeded as real property?

I am new to real estate investing. I have been studying and trying to learn for about a year. I work in residential Hvac, Plumbing and Electric services for about 9 years. So I have been running properties through the buy and hold calc. on b.p. Can anyone help me understand how to make my criteria for buying the right property? Is buying a property for 100,000 with 20% down that rents for 850 possible? I appreciate any help. Fayetteville, N.C. , Spring Lake surrounding areas is where I’m looking 

Thanks Keisha Andrew. I am using the app. So I should be using google or safari. Cool have a great day!

I’m looking for my first investment property. I have found two different deals I think could really be good. I’m just unsure about the numbers. The first is 3 2 br 1 ba duplexes on one property. I am not sure how to break it down and figure out what number makes sense to purchase. The second is 3 3 br 2 ba on separate lots. With this one is they want to sell them together. I think they came up with the price like you would on commercial property or apartment complex. So is that the way I should analyze it. Or should I analyze each home separate and then add all 3 numbers to make my offer??? Please help! Any feedback is greatly appreciated. The market in my area is moving so fast, I need to get an offer in the day they come out or it’s gone. Also, how do you buy bank owned properties? Thanks. Have an outstanding day!

I’m going through categories and select exclusive pro area. It pop ups a window saying I have to have a plus or pro membership to access this area. I’m just trying to see what everything is and look for stuff to read. I’m on an iPhone 5

Hey I need some help. I’m a pro member as of a couple of days ago but I’m unable to access certain areas. It pops up and says pro membership required. Well, something like that. Can you guys tell me what I’m doing wrong?

I’m Bobby. I live near Linden N.C. and I’ve been learning about real estate investing for about a year.