Jose G Delvalle Bueno
Did anyone get cold feet or regrets during their first deal
I am in the middle of my first true rental property rehab and I have to admit I am a bit nervous. The property is in a C/B neighborhoood in CT. I wanted to hear from others and see if they were nervous or got cold fee...
Abhay Sachar
Evaluating investment property in Memphis TN
Evaluating a property in Memphis TN. Newbie investor.Just got the contract and it mentions that it is unknown that there ever was a "sinkhole" there, or about the foundation, --Seller (is unknown) of a sinkhole(s) pre...
Paul J.
Detroit's Packard Plant sells for $6M to unknown, out of town investors...
http://www.freep.com/article/20131025/BUSINESS06/310250107/Packard-Plant-auction-ending
I had the opportunity to urban spelunk this property on my last trip home. It is largely a cinder block canyon and I can...
James G.
Help with determining strength of a rental market in relatively unknown area?
I have been considering a few buy and hold properties in some areas that I am not too familiar with. I am doing my homework on these particular areas and trying to pick apart each aspect of the numbers. However, I ...
Danny Shore
closing costs & settlement costs
"When you receive a Good Faith Estimate, these are "estimates" of what your closing costs will be. The reason these are estimates, is the actual costs will vary slightly. There are several unknowns on a purchae transa...
Joshua Slatton
How to use this $400,000 unit?
Hello everyone, i am posting in hopes that someone will be able to assist. My father and i are both owners of 1 unit. He owns his outright. We are trying to use his property with a heloc; however, his financial situat...
Jarred Mussen
Lake Butler 3/2 Built in 2007 for $65K - Should I Buy?
Hey BP community!
I am under contract for a HUD home located in Lake Butler, FL to make it a rental property or a flip. I am new to investing and wanted to find out if other investors would take the risk with the un...
Clayton Newman
How do you think about new deals when your combined ARV > your capital base?
I am new to BRRRR. One consistent thing that keeps coming up in my research is how to handle scaling.I'll try and dumb it down so it's easiest for me to explain: consider hypothetically starting with $1m and BRRRRing ...
Andrew Ward
Lawyers... Do they matter?
I have had several interesting conversations with other investors on the importance or lack thereof finding a good lawyer when establishing an LLC. When are you considered "safely behind" a legal entity should a lawsu...
Gala Klein
Auction properties & Liens
Hello BP Nation! I need a little advice from the knowledge of the collective. I'm doing the due diligence on a property that's going to foreclosure auction. I have tried contacting the owner multiple times, but she's ...