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Hello BPs,I need your suggestion/guidelines on buying a 2/3/4 plex multi-family house for the first time.My budget is around $400k and looking forward to holding for 4-5 years. A couple of questions:1. Do you recommen...
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I've been interested in using my home as a short-term rental (STR) property so last week, after watching this video from James Carlson and Erin Spradlin, I called the Department of Planning and Zoning and spoke to the...
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I realize the 50% rule is supposed to be a "rule of thumb" that helps you weed out potential properties before more fully analyzing properties that pass it. My question is, when is the 50% rule fail?For example, if I...
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I have been trying to buy a buy and hold for several months in a very hot market where I've been getting outbid over and over again on listed properties. This lead to me to pursue a small direct mail strategy(mostly...
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So, I'm currently browsing all the easy listing engines, zillow, realtor, the rest, trying to get a feel for what's available, what things are priced at etc... and simultaneously bouncing that off an interesting re...
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I've recently started researching properties to buy with cash, and use as rentals, then (possibly) selling if the market increases enough. However, it seems like I'm missing something. The area I'm looking in has larg...
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Another thread brought up the best cities to flip in, and some of the responses pointed to the areas that were hit hardest by foreclosures. My question is where do you guys see the future of flipping business in thos...
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Hopefully the real estate agents can answer this question. Can an HOA dictate it's members to do physical labor such as working on landscaping? An email was sent out to all HOA members and stated that they expect all ...
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Massachusetts needs an end game for its Lead Law. Officially, “the Lead Law requires the removal or covering of lead paint hazards in homes built before 1978 where any children under six live.”The law, as is true of ...
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I am considering purchasing a portfolio of 6 properties as a first deal (newbie mistake?) It is located in a different state, but has amazing potential for profitability. There would definitely need to be some rehab, ...