Brooke T.
How to Structure a Note for Highest Resale value
Hello BP! So this is the short version, I purchased a property at a sheriff auction a week ago due to a HOA lien, which was in second place to a very small first mortgage in good standing. Through all my due diligence...
Sawyer Nyquist
House Hacking a Duplex - First Deal
Hello BP,I am under contract on my first deal in Holt, Michigan (just south of Lansing). Its a 2/1 duplex on a 1 acre lot just on the outside of town. My family and I are going to move into half and rent out the other...
Jeff Stansberry
SFR or MF in Beloit and Janesville - Which has better cashflow?
Hi All,I'm an out of state investor looking into the Beloit / Janesville areas. I'm seeing on the MLS single family homes for around 60k that will rent for $1,200 which is a great return. However, I was surprised to s...
Peter Grote
Looking to create a note to sell to investors
I currently have a hard money loan that I did on a property at 12% interest and am in 1st position on the deed since I provided the full capital for purchasing the property with cash. The new owner thought he'd be abl...
Joel Owens
Detroit on the brink of bankrupty??
Just read this article. I knew Detroit wasn't doing well but this is really bad.
It would seem the city part is very unstable and not a place to invest with all the uncertainty surrounding it.
Anxiety in Detroit Ove...
Brian Fazekas
Do these numbers work for a rental or flip?
Do these numbers work as a SFH rental at $950 per month or should I flip? I've talked about a rental for some time, but I need to make sure the figures are correct. Any insight would be awesome. Monthly ...
Cal C.
Penny wise and Pound Foolish- Vacation Rentals Outer Banks
I spent the long Christmas weekend at the OB. While there we looked at several properties. It became very obvious that some owners were either unable or unwilling to spend on anything but basic type furniture and re...
Joshua Morton
Building Right Now in North Myrtle Beach, SC?
I have a plot of land willed to my sister and me in the North Myrtle Beach, SC area. It is .17 acres and is appraised for $220,000. It is in a great location and would rent well once something was built on it. Bu...
Tom Fidrych
The bidding wars seem more intense than 2006
I bought several rental properties in 2004-5 before the bidding wars drove prices to the point that it didn't pencil to rent them out. At the time, agents told investors that you would make it back through an almost g...
Rafael Rodriguez
Buy N Hold
What's up INVESTORS!
I'm novice Philly investor to the buy n hold universe. Just did my first buy n hold purchase and want to know if I was over priced. I want to know what would be a good price to start a purchase.