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10 July 2024 | 11 replies
We might rent, but also could buy a home that could work as a rental and buy time to find more of a desirable area and home situation once we get our feet wet.
9 July 2024 | 1 reply
Hey BP family,I am new to real estate investing but would love some experts insights so I don't get burned on my first dealThis is the property: https://www.zillow.com/homedetails/724-N-22nd-Ave-Bozeman-MT...My thoughts are my wife, 8 month old and I could live in Unit A for a year or two while we rent out Units B & C to help cover the mortgage payments until we build/buy a more desirable family ranch home with min 10+ acres which we've been looking for but have yet to find.My hesitation is I've never been a landlord and am reluctant to get in over my head with property problems while simultaneously growing an online business and being a new father.After some negotiation we counter offered 895k with a 2-1 rate buy down for 20k and the sellers have verbally accepted but since our offer expired we need to resubmit.
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9 July 2024 | 12 replies
Potentially Higher Profits : New homes can often command higher prices, especially if built in desirable locations.In Charlotte, new construction is booming in areas like South End and Ballantyne, while Louisville has growing interest in neighborhoods like Norton Commons.
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12 July 2024 | 48 replies
Regardless of purchase method, if the homes are in less desirable areas it doesnt matter how good a property management company is, they will have a hard time managing due to the low quality tenants that come with these areas.
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9 July 2024 | 12 replies
I include a photo of my family and explain my desire to own in this area I have fond memories of.
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9 July 2024 | 2 replies
This thorough process ensures higher chances of getting the desired price and timing.
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8 July 2024 | 7 replies
Meaning is the area more desirable to buyers than to renters.
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7 July 2024 | 9 replies
Are there any strategies for making this more desirable for the current lender?
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9 July 2024 | 5 replies
If you’re buying in a desirable neighborhood and have the capital to do fantastic design and furnishing, you will still do very well.
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9 July 2024 | 8 replies
Find a GP doing deals in your desired market and partner with them.