Excuse my potential bad use of terminology here as I am very new to REI and am trying to get creative on my financing strategies.Basically, I have been looking into REI around the Seattle area (I live in Redmond, Wa) ...
Hi BP,I'm deciding whether to rehab and resale or rehab and hold for rental. Here are the details:Single family, Purchase price $25kRehab costs $23kARV $75kEstimated profit for flip is $10k (13.5% of ARV), or monthly ...
First off thank you in advance for all for the great advice already on this forum. I own a rental property free clear and obviously have equity. Instead of taking that equity and buying another property I'd rather i...
We are looking to purchase a duplex from an absentee owner who acquired the place 13 years ago for $175,000. He is willing to sell it now for $250,000, but he has a $150,000 mortgage on the place. We almost lost the d...
Good Morning!!I scanned the vast corners of the Forums to find a discussion on this topic to no success, however, I am fully aware it may be my fault for missing it, or looking in the wrong places. That said, my quest...
Hey BP,
My wife and I have been attempting to luxury house hack (add an ADU onto SFR) in my hometown and are feeling a little worn down. I've read quite a few BP books and believe it's a strategy that works. I want ...
I'm an absentee landlord renting out my old house. I hired a local property manager to handle day-to-day issues and tenant relations. Our tenant is a young attorney who never fails to remind us of her profession. M...
Hey all,I've listed my first BRRRR property for rent. It has been renovated REALLY well and I got a LOT of inquiries the first week. Now it has dwindled down. People don't reply back once I say that one of the require...
Hi all,I have a condo in a high rise building in Chicago where the current tenants are moving out. For the prior lease I used an agent. This time I am using Zillow to reduce on agent commissions. I have 1 interested p...