For my first BP post I am having a Jerry Maguire moment. I have been a licensed real estate agent for over 15 years. During that time I have come across every type of agent. There is the agent who has been licensed fo...
Hi everyone. My wife and I are under contract to buy our first investment property in Alabama. It was listed at $47,000 and we offered $45,000 cash (using a portion of our HELOC to purchase, at a variable rate of 4.62...
As we approach the final month of 2018, I see that its far too common for people to turn on "cruise control" and ease off the gas pedal with the holiday season in full swing and lose sight of some of the goals they se...
Like most anyone who has been running headfirst into their "middle years", I have dealt with a few things in my life. Some of them have been very hard on me, especially in the past few years. But, something I've l...
Hello everyone, trying to get some sights for this topic.I started to investing in large multifamily syndication deals lately. My understanding is we always want to do accelerated depreciation and/or cost segregation ...
After 6 months of drama with my first investment property in TN - there appears to be no end in sight. My PM contacted me a few days ago to inform me the duplex, which is obviously a duplex, and has been a duplex for ...
Background: I have one flip under my belt and when I started, I promised myself I wouldn’t just plateau, I’d go bigger with each project. I did this project from a contractor POV, I did a lot of the work myself. Howev...
Hi,
I have a few properties at Detroit, MI. One was told to have a bad foundation which made the living condition unlivable. The other was a slumlord/drug zone area so no one wanted to rent the property. The...
I'm having trouble on how I get the repair costs to a property before I can make an offer or put it under contract? Or is it more of just eyeballing it?
Today I won two separate auctions for two foreclosed properties in Baltimore, Maryland. One for $12,100 and the other for $18,700. They both need work as well. To top it off Im using personal loans to pay for them. I ...