I'm looking at a multi family unit which would be a turnkey rental opportunity for me. I'm a total newbie so I've run the numbers two dozen times with conservative assumptions on everything (high vacancy, high repair...
Hey!I know a lot of newer investors come on here looking for information on how to get started. We are in the middle of our 1st/2nd deal right now and thought we would open ourselves up to questions and comments while...
I am curious to know from the BP members at what level of leverage on your real estate investments do you feel that you can sleep at night peacefully?
One of the REI books I've read said that even if you have a morta...
Hey BPers!So I recently checked out a duplex (2 3bd/1ba units) that’s listed at $220k, but requires a great deal of work given its age. For instance, the seller has already agreed to credit the cost of rewiring the ho...
Hello fellow investors. We completed our rehab in St. Louis Park, MN at 3011 Colorado Avenue South and it sold to the first buyer that walked through at full asking price. It was on market around 3 hours. Wanted to sh...
I was reading an article on another investing website that broke down the best and worst performers in the S&P 500 so far this year. The list of the 35 worst performers had a whopping 13 that were REITs. Not all o...
I have been wholesaling for awhile now and have yet to deal with a troublesome sellers attorney until one of my last deals last deal. I am a wholesaler out of Chicago and have met and dealt with lots of people, but no...
Investment Info:
commercial investment investment.
Purchase price: $180,000
Cash invested: $110,000
This investment has tons of potential and started making us money on day 1. It's an old outdated l...
Good Morning BP,
I have a question about reserve amounts. When analyzing deals, what do you budget for reserves? do you withhold a flat rate amount, or do you withhold a percentage of the gross rent? Currently I am ...
I am very keen on trying my hand at foreclosure auctions but I am certainly concerned about the risks. There are some horror stories online of people buying a property which a half million dollar debt attached to it.M...