Closed on it today, it's a 2 bed 1 bath in Portsmouth, VA. Purchased it for $30,000, after closing costs it was $31,650.15. Planning on placing a tenant buyer in there for $975 a month. Taxes and insurance will set me...
3 bed 2 bath 2 car detaced garage 1674sf
Listed as REO on 8/11/11 @ $64k
Reduced after 120 days @ $59k
Reduced after 365 days @ $45k
Comps in area selling between $42 - 88k
Offer...
I recently sent out my first direct mail campaign and I found a motivated seller right off the bat. She is out of state and not making payments on the house. The bank has moved in and winterized the property but I d...
July 26, 2021
Can You Afford a New Roof?
By Ron Hurtibise
Many Fla. homeowners could soon find it difficult to get private market insurance coverage on their homes, as a result of big losses insurers say are partia...
I am a new investor from the Bay Area looking to buy out-of-state properties with cash flow in mind. Some cities I've been looking into are Indy, Memphis, Kansas City, Toledo, and some others as well. I've come across...
Hello BP fam,Need some advice. Purchased a 3 fam in Jan 2024 built in 2016 in an appreciating expensive market across the Hudson River from Manhattan NY. 2 units were vacant on acquisition and completed rehab in July,...
Last week I put under contract a real fixer upper. 140 year old all cypress framed ~1250 sq ft. 3/1.
I have it under contract for $16,500. Comparables in the area are selling in the $80-90,000 range, average listin...
Hello BP. I currently self manage my properties using Buildium and I love it especially the resident portal and ability to accept ACH rent payments. Recently after over a year of succesful payments a tenant payment ...
If you’re a landlord you’ve been trained to be leery of Section 8 housing. There is a negative stigma associated with the program and people who receive vouchers in the program. We recently had a panel at the SLO Real...