Thanks to the great advice I got from the folks on this forum, I now have a great tenant in place for my first rental starting 6/1, and we are putting an offer on a duplex later this week, so exciting! So naturally I'...
Hi there, I'm a 'newb' from Los Angeles, CA and I have a quick question for all of you out there. Here are the stats on a hypothetical Flip deal:Cost: $125K Sale Price: $220K Rehab total: $40K I'm planning on putting ...
Just beginning my real estate journey, and as a financial advisor just out of college, my income normally fluctuates. I've been saving religiously, and have 30K to start with. Very fortunate to come out of college wit...
Hello all,I have been following BP forums, blogs, & podcasts for the past year & am excited to begin my RE journey. I live in Hyde Park (Boston), MA, which is a fairly expensive market. For my first property, ...
Hi BP community! My name is Kaitlyn and I'm a newbie from the Torrance, South Bay area of Los Angeles. I have been listening to the podcast for a couple months now. Josh and Brandon are awesome so I had to check out t...
I recently had an issue with the power going out in a Chicago unit of mine. ComEd turned the power off due to non-payment(though ComEd never warned me or tenants which they are required to do by Illinois law), but I h...
I moved this post over from the Buying and Selling forum. Appreciate your feedback. Hopefully, you can learn from me and share insight. Thank you.
This is the initial email from my broker. I live in California. The p...
This is something I frequently see when reviewing opportunities:Travel and inspection costs / Asset due diligence $200K $300K etc.Now, if the entity is purchasing 1 or 2 assets, how much does t...
Hi All,Long time reader, first real post. Just a bit of background, I am 28 living in a large metro area in Massachusetts. I bought my first investment property at 22. This was a 2-family in a great neighborhood which...
We're getting ready to rent out our 3/2 1250 sq ft recently flipped home with a small front yard and generous backyard. As pet owners ourselves, we're willing to allow our tenants to have a family pet, but realize bot...