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I'm looking to purchase rental property to buy & hold for positive cash flow.Unfortunately I'm located in New York City, where anything remotely close here is far out of my budget, and regardless, this is not a la...
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Here is a strategy I've been working on. I have a business where I design products and have them mass produced in China. I ordered over $200k in wholesale orders last year, so I am very familiar with the whole China p...
I listed a flip in April 2018 at a price even with the surrounding neighborhood $224k ($80/sf) in my market. I’ve had 54 showings and not a single offer. I’ve dropped the price $5k/month and I’m getting concerned beca...
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Sorry for the long post, but I wanted to give a full review of my first flip. I’ve had been lurking around BP for around 2 years now, and the amount of information is amazing. Here is the story on my first flip.I had ...
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Does anyone have an investing strategy of buying and holding property in low income neighborhoods? I have heard the saying, “the poor” need housing too. I am curious if anyone has made a niche out of this type of inve...
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We have a tenant occupied property in Detroit that is coming up on the end of the lease with the current tenant. The elderly tenant has been struggling health wise the last year and has been struggling to make her ren...
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Hi BP! I am under contract on a property that has numbers potentially good enough for a brrr. We are under contract at 300k and ARV is 430 bast on very similar comps in neighborhood. I had a budget of 30k rehab to do ...
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I'm in Canada. Cheapest places in the city I live in go for about 170k, and you couldn't get them for much lower than that (no distressed housing of any sort). Now, what you get for that 170k isn't much (an old tow...
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Last night on the news there was a story about nightmare tenants George Zimmer and Jennifer Zimmer. They have been screwing landlords in Sioux Falls, Florida and possibly Chicago for years. I heard the name and realiz...