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Hi Everyone,I closed on my first TK property in Memphis, TN on August 17th. Yay me! Found out during the rehab's home inspection that there were (inherited) tenants in the property during the rehab, I thought this was...
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What have been your hardest lessons learned in short term rentals? I'd be curious to hear the experiences that others have had. I'd say my hardest lesson learned is overestimating how quickly a new property will reach...
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I am currently looking for a property to update. I've been looking at alot of downtown properties, but I dont' know where to get information on them. Alot of them look abandoned and need alot of cosmetic work. But I t...
Hi everyone,I just passed my Illinois broker's test a week ago and I recently joined KW. I have a FT job at a bank but I'm planning on devoting at least 40-50 hours a week to my real estate career.Can anyone give me ...
Hey All,I have a property in Memphis Tennessee that I am looking to purchase. It is 168 units. I negotiated with the seller and he agreed to do the sale for 450 thousand dollars cash. My goal is to have the apartment ...
I can't count how many times I have heard that:$-credit doesn't matter, it's the deal$-no one checks your credit in this game$-It's so easy to find lenders no matter your credit history$-Hard money lenders care about ...
Hello Memphis investors - This is a quick bit of info to let you know about the Memphis Vacant Property Registry. It is a city ordinance enacted in 2013 to help fight blight in the city of Memphis. Basically, if you...
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Hi all! I'm coming back with an update (a little shift in perspective from my first post) and also some tips/advice.I initially came to BP with the a goal of buying and holding MF units in the VA Beach and Newport New...
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Have any of you had to deal with your spouse not being fully supportive of your real estate investing?
This is a big hurdle for me to get started with investing in real estate. My family has been investing in real es...
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My situation: Single family home under contract - closes Sept 7th (26 days), doing 1031 exchange, will have $275K-ish, wanting to move into multifamily.Quandary - I want to buy in a strong market, have great cash flo...