Mike Stefanelli
1st time buyer - Exterior work advice.
Hello BP community!First time home buyer here. I am buying a house to live in, fix up and either sell or rent out in the next 2-5 years. I had an inspector look at the home and it looks like it’s going to need a new r...
Mel Salinas
So Called Bad Albuquerque Neighborhoods still have Value
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $80,900
Cash invested: $32,000
Sale price: $157,000
Full remodel; sales desc: Clean remodeled home with many ne...
Hayes Mercure
Are Townhomes Bad For Rentals?
Hey! I've only been looking at SFR in the metro Atlanta area for my first buy and hold rental purchase, but recently came across a townhome that looks interesting. It's down to the studs(looks like someone ran out of ...
Natalie M.
Why aren't people saving a lot for Capex?
I hear people say they only save 5-10 % for Capex, and I'm not understanding how that is enough. Even if you just replaced high ticket items like roof, HVAC, water heater, etc., don't you still need to set money asid...
Igor Tomic
Bought my first property !!!!
Hi everyone. First I wanna say thank you all for the great amount of info and from saving me by analyzing one of my properties which was a bad deal. I got a new real estate agent which has big portfolio himself and un...
Rosalyn Reidt
First appointment today
So I'm going on my first appointment today from my first/only lead which is a FSBO I finally got the nerve up to call a few days ago. I was very upfront with him regarding my intentions. I asked questions, but couldn...
Tim B.
Practice Analysis, possible first deal?
New investor looking at analyzing a property. I was initially considering this as a potential buy and hold, but am thinking that it may not be a very good investment. That being the case, I wanted to go ahead and use ...
Steve Kadi
First investment/rental property
Investment property details:
Each unit: $190k (Duplex)
Property tax: 2.42%
Rental: $1550 ( Current tenant will extend lease for new buyer)
HOA: $290Home Insurance : $600 per year.Built:1958 (Interior renovated la...
Mel Salinas
Albuquerque small family homes are affordable
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $81,000
Cash invested: $21,000
Sale price: $134,000
Cosmetic plus fixing exterior wall that was crashed into. S...
Max Katelouzos
Key Metrics to Evaluate Target Market
I am a newbie to the REI game but planning on hitting the ground running in search of my first deal in January. My strategy is going to be to target flips at first and then get into rentals once I’ve established mysel...