Hi everyone! I would like to purchase my first property this year. I think it’s doable. I have the cash and no debt. I have narrowed my list to four areas: Jacksonville, Fla., Toledo, Ohio, Pittsburgh (where I went to...
This is the story of my Charleston house.I bought the property sight unseen for $52,000. It was right on the water in downtown Charleston so it seemed like a stellar deal. How foolish I was.Actually those amazing wate...
Purchase price $185,000. Would offer $195K with no inspection. Using business line of credit @4.25%. Pay for a few years with line of credit then get a business loan for the remainder. $50K down from savings for do...
Hey everyone,
Jumping into something that's been bugging me, and I'm guessing some of you are feeling it too. Let's talk about Airbnb. It used to be the go-to side hustle, but lately, it seems like it's lost a bit of...
At this time these are the current proposals:
* Outlawing No Doc loans -- Bye bye "liar loans"
* Prepayment Penalties will be no longer allowed at certain times on certain loans.
* Take away some incentiv...
Hi BP,I've been doing some research on commercial real estate and large apartment buildings. I currently invest in SFH but looking to get into some larger deals now. In all of my research there are mixed feelings on...
“The sky is falling,” says Chicken Little. The sky may not be falling, but, there are signs that experienced real estate flippers would do well to notice. Astute business people know that when something becomes “popul...
I've started my 4th rehab. Its a flip. It is the biggest one I've taken on so far and I'm a little nervous, but moving forward. Its a 4 Bd, 3 bath home approx 2200 sq ft. Its in a nicer area of town and the best ...
Hi All,I’m looking to acquire fourplexes and am wondering which cities people think have good opportunities right now. I am more interested in cash flow than appreciation. Ideally, the scenario would be 25% down, 30 y...
In listening to podcasts (famous four questions), the question is asked why do some succeed while others fall to the wayside. The answer in most cases is perseverance. Keeping your hand at the plow and going forward....