I didn't realize there was a such thing as too good of a deal , until I contacted a hard money lender , and a credit union . Basically I found a great deal. House valued at 120,000 (tax assessment) .The home is a 3/2....
Hello BP Fam,I found a 4plex in Texas, at a decent price, but the rents aren’t at market. I highly doubt anyone would want to pay an extra $500 a month in rent, so I’m thinking I’d have to evict everyone. Is this a ba...
Hey guys, I am still looking for my first deal and back on the hunt! Buy & holding "average plus" properties in my area doing yield a positive cash flow in my area. My new strategy is to rehab a "fixer upper"...
This is just the start of my journey, both for this property and for my REI career, but I learned a lot in the long time it took me to get this property under contract. Want to share what I learned along the way in th...
I'm a noobie.
Here's my story. I posted this yesterday as advice to the question "What age did you start your real estate investment career" … Am I too old?
"Like you, I'll be 59 in a couple of months. I own a house...
Hello, I’m wondering if anyone is building new apartment buildings these days? I understand that if you buy an older one, forcing appreciation is a way to make a lot of money. I want to build my own. I’m curious if th...
Thought I'd start a small thread to see what $250,000 would get in different parts of the country. . .
This should be an interesting one! :groovy:
Hey everyone! Just joined BP after seeing some very insightful threads. Here is a brief background of myself:
Started out (January 2011) part time as an intern for a reputable property management company in Souther...
Starting renovating my first rental property. It is a duplex located in a mostly single family neighborhood. One unit was vacant and very outdated (as you can see), and the other one was recently renovated by the sell...