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20 May 2024 | 4 replies
This way it mitigates any timing risk due to the 45 ID period deadlines.
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21 May 2024 | 4 replies
I've been searching for a while here on BP but have not found a thread related to my situation:I've been renovating and renting a property for just over 2 years and may be in a position to sell/close in the next 30-60 days.I am trying to cut-off major projects at this time to make a clean break, however we have committed to replacing windows in one of the units (windows are already ordered), with total project lead-time of 45-60 days (windows have been hard to get for the past year).In the event we have a closing date PRIOR to window installation, how should we handle paying the contractor?
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21 May 2024 | 19 replies
MLS is a great way to build wealth for many. 4 / 5 of my properties were purchased off the MLS.
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23 May 2024 | 35 replies
Nothing down and subject to was a LOT easier 45 years ago when I started investing in real property…….
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21 May 2024 | 44 replies
Makes sense, but not 4/5 weeks into underwriting on a 2 to 3 week turn time.
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19 May 2024 | 24 replies
I even get tempted out of state in places like Alabama, South Carolina because real estate is so much cheaper there but continue to hear its best to have a rental around 45 min away or so..
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18 May 2024 | 11 replies
Hi all,I would like to connect with a real estate agent/newbie-friendly investor from Florida that can give me some advice on investing in or near West Palm beach or any of the surrounding areas, 30-45 Mins to West Palm.
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20 May 2024 | 121 replies
For the first two years after buying my facility, I ran it myself by commuting 60 miles each way 4-5 days per week.
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21 May 2024 | 25 replies
A property with a mortgage of $3,250 and a tenant paying $3,450 - $3,600 will not cash-flow when you factor in vacancy, repair, capex.It also doesn't seem like the property appreciated since you purchased the property.Therefore, this property thus far has negative appreciation and negative cash-flow.This is a bad investment, cut your losses, sell it and get into a better investment.Waiting 4-5 for the property to appreciate just to cover the realtor costs is a losing proposition.
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18 May 2024 | 15 replies
First one went about 30-45 days over what was expected.