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8 March 2024 | 5 replies
This could include things like fresh paint, updated fixtures, new flooring, and minor renovations that can make a big difference without breaking the bank.Additionally, make sure to provide the appraiser with a detailed list of all the improvements you have made to the property, along with any recent comparable sales in the area that support the value you are hoping to achieve.
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8 March 2024 | 10 replies
With several other active businesses, I haven't had the time to jump into real estate investing, but my wife and I finally made the leap and purchased our first 2 investments in single-family homes this year.
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9 March 2024 | 11 replies
I could have bought all these properties cash or used other financing options, but this made the most sense to me to expand my portfolio using debt as a tool to meet my goals.
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9 March 2024 | 23 replies
@Dianne Pettitt it sounds like you've made your decision.
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9 March 2024 | 17 replies
Wonder why they made this change?
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8 March 2024 | 10 replies
It was pretty hard to find properties where the numbers and landlord laws made sense which is what ultimately led me to investing in Columbus, OH.Not to mention the upcoming legislation on the November ballot that can really hinder your returns from rental properties.
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8 March 2024 | 4 replies
You've made a great decision to start your real estate investment journey.
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8 March 2024 | 9 replies
If you are looking to buy as an investment property, perhaps it's not a bad idea.If you are looking to buy a new primary with low down payment, in order to circumvent the DTI issue, you need to provide your lender with a lease and two months' rent for your departing residence at closing, so that the debt-to-income ratio is not an issue with your first home being counted against you when buying your second primary residence home.
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8 March 2024 | 20 replies
Greetings, BP Team.I am putting the puzzle pieces together in order to get ready for my first project, and ask that Houston-area investors reach out to me with the names of trusted contractors.Specifically, I am in need of a general contractor that:1. provides estimates of rehab works that come reasonably close to actuals (firm bids would be a plus),2. is able and willing to do cosmetic work as well as studs-deep rehabs,3. has a dependable crew(s) and is known to hit targeted completion dates,4. is knowledgeable of Houston / Harris County permitting and inspection requirements.As this will be the first of a long line of profitable projects, I really appreciate your referrals and any other recommendations that you could lend me.Thanks in advance!
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8 March 2024 | 121 replies
In order to calm inflation, housing needs to soften as it comprises 30%+.