First, I had these 14 duplexes under contract for $450K. After I walked the property, found a lot of deferred maintenance, learned that half of the units are in the least desirable part of town and around $100k in rep...
Hello everyone,I am considering an investment in Neptune, NJ. ROI is around 12%. However, I'm not too familiar with the area. I know it can be rough. Can anyone with knowledge of Neptune chime in? Will Neptune see any...
Hello all!
I figured my first post should be in the introduction, so here goes:
My name is Erik Pedersen I am 24 years old and I currently live in a basement in Bayonne, NJ.
Sounds bad, but this is actually my fi...
Im looking at doing a refi on my primary to do down payment and up dating on a rental...once updates complete on rental should rent for 800 leaving 400 a month cashflow...my thoughts are to build up 6 months of rent ...
Aloha all, I'm in escrow on another short term rental here in Maui. I just sold one and was planning to 1031 that into another one that is set to close in another 2 weeks I think. The problem is now my partners and I ...
My grandfather left me a home. It is a brick ranch style 3br/2bath home. No mortgage. It needs some upgrades. Is it possible to BRRRR this property? I know I can pull out a HELOC (or at least I think I can). Once I ha...
Hi everyone,
I'm an Air National Guardsmen with 11 years in, two deployments, a ton of TDY's, currently serving in Montana as a recruiter with a Structures AFSC. That being said my main focus for retirement is in re...
Hey everyone. I'll try to shorten this as much as possible. I rent out two bedrooms in my home. When JR moved in he didn't have to share a bathroom and was paying 525/mnth with everything included except gas & ele...
Hi!
I am new to BP community living in the suburbs of Richmond and investing around this region since last 5 years.
Hey BP Crowd! I seemed to have generated so much interest from my very first post that I thought I would provide an update for all the savvy investors looking in the NWI market.
DOUBLE TRACK UPDATE:
The West Lake Pr...