Chris Nowlin
I trust my contractor to do everything...except answer his phone
I'm still new to the business and looking to expand my list of contractors, but in the mean time I have been using a guy I went to high school with. I don't have any complaints about his finished product, but his comm...
Austin Fruechting
Weirdest Reason to Flip?? I'm Flipping a Duplex.
Hey everyone, I thought this was a fun story and so I decided to document it here for you guys. Contracts are inked today on a duplex and we'll close in 15 days. I'm purchasing, will fix it up, get it rented, then s...
Tracey F.
Should I pay asking price for Turnkey property?
Is there room to negotiate when buying turnkey properties?
Account Closed
DSCR Calculation in Multifamily with Upside
Hi everyone, I have heard a lot about DSCR loans, which sound promising for several reasons (feel free to give your opinion if you think otherwise). However, I'm wondering how to manage the disconnect between the comm...
Dor Sagi
Foreclosure demolition as first investment
I have a dream of house hacking a multifamily in Brooklyn, NY. However, the neighborhoods that I'm interested in are more expensive than what I can afford at the moment.I was thinking of buying a cheap uninhabitable f...
Account Closed
I Think Some Commercial RE Investors Are Trying To Scare Us
So we bought agriculture land around 1990, around 2007 the surrounding lots and land around us have been bought for use for commercial properties, but couldn't buy our house/land for the price they wanted (they actual...
Bill S.
Multi-Unit property in Racine WI
So I have found out about an off market multi-unit in Racine WI. It's 18 units at about $40,000 per door ($730,000). Rents average about 700 for the 16 2bd units and 900 for the two 3 bed units. Large units that have ...
Tariq Hakeem
buying is becoming more affordable than renting in many cities
Realtor.com says despite double-digit increases in home prices and a record low number of homes for sale, buying is becoming more affordable in a growing number of the nation's largest cities compared to renting. The ...
Jules H
1031 question
I have an investment property which I'm thinking of selling, its worth approx $900k, I paid $480k, and owe approx $300k. I was thinking of doing a 1031 exchange, but confused whether I need to buy another $900k p...
Tochi Ajiwe
Third Ward 3/2ba v Second Ward 2/1ba
Hey BP Fam,
So I've finally found two properties, one is in Third ward on the MLS and the other is in second ward found off market through a friend at my church! The second ward is a 2/1 SFH with a separate ADU with ...