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I bought a new construction with the Renttoretirement (RTR) platform in Nov-Dec'23 and regretting it big time! The numbers forecasted by them come nowhere close to reality. I took out a mortgage at ~7% and now simply...
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Hey BP pals. I just got a letter from State Farm stating they wont be renewing my policy. I will try to get as much detail in here I hope I can get some ideas. Ok Its a 16 unit apartment In Hammond MN which is a very ...
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Does anyone prefer a blog over a site or a site over a blog. I just had a discussion last week in my office and people are somewhat conflicted with the two. Does anyone have a blog that produces great results or a sit...
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I have made a major newbie mistake. I presently live in a condo for the past 17 years. In 2013 I purchased a 2-family that needed some major work. Over the past year I replaced the roof and updated the electrical so n...
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It's taken almost a year but this Friday I finally close on my first investment property in Tempe, AZ!
I'll be using the BRRRR method as I look to take 6-8 weeks to rehab the entire home on my own. I've been gearing ...
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hi BPI'm curious if any of us was ever successful on negotiating with a seller which won't move on price.PLEASE DON'T REPLY move on!-----I'm looking to see is anyone succeeded intalking agent/seller to play ball.-----
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My team and I have come across our first potential rehab project and looking for a little insight from bp. It's a 3/2/2 block 1966 in nice condition, it's on a busy main road directly across the main road (40 feet) fr...
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Let's say we acquired property on a year 0 for 100k. Let's say we had a cashflow of 10k every year, for years 1 to 5 and on the year 5 we also sold the property for 130k. The question is why when we calculate the IRR,...
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Needing help on how to handle a QuitClaim Deed given by the IRS. Backstory: My parents won an IRS auction and purchased a lovely lakefront property to be their forever home (not as an investment or flip) in East TX. ...
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I'm looking at a ranch that's 740sqft with a basement, price is 25k and rehab will cost 15k at most. Updated comps in area go for 60k. My concern is the sqft and it's only 2 bed 1 bath, rental rate would be solid at ...