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Now that interest rates have spiked, home prices are dropping, uncertainty abounds and I am assuming flip profits are decreasing, does it mean lower rehab costs? Does "houses are no longer flying off shelves like hot...
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Hello BP community, After almost getting hit with a category 5 hurricane in South Florida, I wonder if it is a good idea to have more coverage or less. As investors, we try to keep our costs low, therefore, the goal w...
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Background
I started my journey with REI Nation (formerly Memphis Invest) in 2019. At the time, I already owned a few properties. While they generated some cash flow, I found the effort required to manage them wasn’t...
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I have recently purchased a studio apartment and renovated it to rent. I thought I would have no problem getting a tenant via craigslist (since everyone I know looks for apts there). But so far its been a couple of...
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Alright BP community - I wanted to get any local Baltimore folks opinions on my house that hasn't been selling. I previously had tenants in the house and tried selling it without much success. The tenants made showing...
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Hello, are portfolio lenders a good option for a first time non owner occupied investment property purchase? Or should I stick with traditional financing?
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I've come across a 6-unit building for sale. 5 of the units are 2bd/1ba and rent for $600 and 1 is an efficiency apartment with one room and a bathroom that has random month to month for around $200. I'm just using $3...
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I am looking at purchasing a particular rental property. It is a foreclosure which needs quite a bit of repairs. I have a budget and cash for all of this, but I am curious to know, what can I do to estimate the ARV...
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So what are the advantages of buying a NEW CONSTRUCTION HOME? Well, here are some:
- Minimal maintenance worries, as everything is BRAND NEW. And for those things that do pop up, they are likely covered under a hom...
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Interested in learning about landflips. Does anyone know of solid courses or information I can use to get started?