My realtor told me that in rder to buy a reo property the bank wants 1oK in earnest money. The arv is $400k, and i will be offering 15ok. I told him the most I would offer is 2k. He said that the banks ask for 10k be...
I don't normally buy small deals, but if they're in my area of Montrose (the hip area of Houston), I'll snatch them up. This was a 10 unit that was actually on the MLS (so no 'off market' know-a-guy type deal). Luck...
Hi,We are currently under contract on our first STR in the Smoky Mountains. We are trying to maximize space and offer the amenities that guests are looking for. The cabin currently has a game room with a pool table....
Is anyone doing 1031 exchanges out of markets like San Diego, San Francisco, NYC, Boston and just parking money in slower markets? Or sub markets with higher cap rates?What are all your thoughts on just parking money ...
Hello BP community - I am a complete newbie and trying to embark on my first project. The education I have gained so far is pointing me to the direction of Buy-And-Hold strategy, but I have heard that DC area is not v...
I've got a question for all my debt-free investors. My strategy I'm employing is buy and hold rentals purchased with all cash. I've got my entity set up and have already begun contributing cash to accumulate to buy ...
Hi BP!
After listening to podcast 70 and learning about "subject to" strategies I was provoked to hop on the forums to see if anyone on BP is doing this in WA state? I am interested in this strategy and have ...
I’m looking at some studio apartments around touristy beach towns, and am considering paying cash for one to rent or air bnb.Has anyone got experience or advice on this? Is it a safe investment?
Greeting;Today, while gathering information for obtaining a bid on 7,200 sq ft of flat roof for a 38 unit apartment complex, I was told that in Cincinnati, Hamilton County, if a permit is pulled for a re-roof, prior t...