Happy Tuesday My BP Family. I was reading through different post and I heard a few people saying that you should never partner with a Contractor. Me being a Contractor and Investor. I toom offense to that. It kind of ...
Has anyone ventured in the area of senior housing? I've seen a few deals but I noticed the rents are restricted and most of the mortgages are assumable. Has anyone done any of these deals? Anything to look out for?
Hey BP! I'm currently under contract on my first investment property and am looking for some pro tips and advice.
Property: distressed 1975 SF in central Oregon, lot is sized to accommodate an ADU. Property needs re...
After doing much reading here I'm going to be looking at a duplex near downtown Durham NC and it seems pretty promising.
Here is the math:
-Price = 100k
-Rent = $1100 from both sides
-Down payment= 25% & 4.8% in...
Hi BPers, I was at my local REIA meeting last night and we got on the topic of creative financing. Someone brought up a concept I had never heard of before, 7702 plan. The way it was described is this is an insuranc...
Hey guys! I own a small design/build furniture company located in Seattle, and I have been thinking about using my furniture, and my design sense, to start staging homes. Several of my RE agent/broker friends have as...
Hi everyone,My property has a cell phone tower on its roof, and I just received a letter from the carrier saying they've decommissioned some of their microwaves, and that they want us to reduce rent in light of this u...
Hello everyone, I am new to the real estate world, and I was wondering if those who have done live-in flips do their numbers any differently for those versus a normal flip. For me, I feel that the numbers would differ...
What do you think is easier to achieve; $400K per year in net income, or $5mm in net worth? Or a similar question; which do you think you could achieve first?
Is real estate the easier path toward one or the other?
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The 2 basic reasons we buy real estate, according to conventional wisdom, are: 1.To protect buying power2.To increase buying powerHowever, it has been well documented that RE does not outpace inflation. Check out this...