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Hello everyone,Im just starting to get my feet wet in real estate investing so I'm going to go ahead and apologize for all of the dumb questions I'll be asking haha.Now that that's out of the way, my name is Matt. I'v...
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What is your definition of a "REAL ESTATE INVESTOR"? I'd like to see how youBP members define yourselves. Who do you think you are? It may sound profound or egotistical it will make a differnce in your outlook as to w...
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Moderators please remove if not allowed: Hey everyone, We have a recently vacant home in indi that needed a quick turnover for next renter. Our PM’s preferred vendor send us this quote. Looking at the prices , along w...
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I was the highest bidder for second mortgage auction. What should I do with the first mortgage lender ( senior lien) that is going to foreclose at the property next month. How can I stop the foreclosure sale? I don't...
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Hello BP,Although I am an investor, currently the home my wife and I live in is leased to us. As part of the lease agreement, the LL retained one of our three attached garages unavailable to us. It is all open inside,...
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1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
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Affordability is one of the biggest challenges in today’s housing market.
I believe smaller, more dense units are part of the solution:
1) Buyers can only afford smaller homes in today’s economy.
2) Denser unit...
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My wife and I are ready to purchase our first multi-family, first investment property. I was driving by a triplex in a low income neighborhood for 95k and grosses $1400/month. After I scoped out the property, I came...
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