Bea Leichliter
anyone live through the 08 crash with a 4plex in their portfolio?
Hi all,I am a real estate agent and a new multifamily investor. I have 1 4plex purchased last August cash flowing at about $1000/mo and a SFH rental which funded the multifamily and breaks even. We are working on ou...
Gary Marcotte
Is REO inventory overpriced everywhere?
I am a rehabber dealing mostly with REO properties and I am having a miserable time finding deals. I am up here in New England (northern MA/southern NH) and for the past 6-8 months the prices on REO properties have i...
Jeff Bisgier
Form an LLC.....Yes? No? Maybe?
Hi Folks,I was hoping not to have to write an new post about forming an LLC as there are tons of them on BP, but after reading through so many forum posts and reading articles on both BP and other websites, I'm more s...
Troy Hebert
Would You Do This Deal? NC Vacation Rental (Outer Banks)
Hi all,
I am finally buying my first property. It's a SFH under contract right now for $1.1mm. In the Outer Banks in North Carolina (Corolla specifically).
I've posted here before where I've looked in various region...
Darwin Crawford
My Energy Efficiency Project Thread, aka Eco-Capitalism
Hey there BP!I'm posting this thread, which, full disclosure, will be long, and might not be for everyone, in order to document a project I am doing here in sunny Arizona. It is on a commercial building, 8 units, and...
Corie Reedyk
Reasons for investing in Pittsburgh, Pennysalvania
Pittsburgh 2007 AWARDS
PITTSBURGH--Most Livable
Ranked #1 Most Livable City in America by Places Rated Almanac. The 379 metropolitan areas surveyed were evaluated in nine categories: housing affordability (cost o...
David Fritch
How ironclad is a letter of intent?
There is a mobile home park I've wanted to look into for several months. I stopped by and talked with the owner today. I had done business with her years ago and she is friendly. When I asked, she said that she had si...
Rafael Floresta
Failed offer analysis, aka how do you help seller understand the real value of their house?
This is a "help me"/ post-mortem of a offer I presented to a homeowner today.
I toured her House, and they are living there, but the house is not even rent ready. They started many projects and didn't finis...
Ashly McGlasson
Flip mistake - suggestions on what to do.
Hey everyone,
This might be a lengthy story, but I'm looking for advice! My husband and I flipped out first property in our small town about a year ago, we did alright for our first flip, but afterwards messed up by ...
Shane H.
Office Building broken into Office Condos - buyer beware or potential good deal?
I've pondered this investment for 3 or so years now, in fact one of the condos was avail in 2012 and when I called to write the check/submit my purchase contract, someone had beat me by an hour or so and lost out.Clif...