Hi BP Community!Would love to get your guidance as I think this might be my very first deal. -FSBO priced at $80K (free and clear)-Owner is an elderly man who purchased the lot for $60K nearly 20 years ago through a f...
Hello to all my BP brothers and sisters,An Alaskan multi-family investor here, thinking about getting into the Hampton Roads market, because it's only 4,468 miles away! (so says google)No, seriously, we have family in...
Alright,
As wrong as it is, it's a reality. No use pissing and moaning - we're going to have to deal with it. What exactly does it mean for us and what exactly are we going to have to do? I've m...
Hello BP!!!! I have waiting for this day and it has finally come. I have got my first wholesale deal underway and I have got a house under contract!! I am excited but anxious at the same time as I do not know where to...
I mailed 500 yellow letters to out of state property owners. The mailer should have arrived in mailboxes around 3-4 days ago. So far I have received 2 call from the mailer. I used a standard yellow letter. No modi...
I thought this was an interesting graphic from this article: https://www.propertyshark.com/Real-Estate-Reports/2018/05/22/for-200k-would-you-rather-buy-a-box-in-manhattan-or-a-mansion-in-san-antonio/https://infogram.c...
My business partner and I are closing a 4-family rehab property tomorrow in Central Connecticut. I will be using this thread to post what we go through on a daily basis. As soon as I can I will get some before pictu...
It seems that purchasing property in all cash would have the best outcome for investments. The owner would not have a mortgage. The owner would have to pay property taxes. Buying with all cash gives the owner the opti...
In my current situation, I'm wondering what I should do. There is a lot of talk about being at the height of the market and a downturn looming. I currently live in Los Angeles, CA with my wife and our 11 month old c...
Hello BP!For my friends out there I am little late in writing this post considering that we closed on our first 4-plex July 10th. I have collected 3 out of the 4 rents due and I am expecting the last payment in my po ...