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I am considering offering on a property that is being offered by a wholesaler. This property would be a buy and hold rental. Some numbers that I have come up with that I think will make it meet my criteria for being a...
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Share your first experience about the time you finally decided to dive into the world of long distance real estate investing! Or maybe the time everything finally clicked as an out-of-state investor.For context- I’m m...
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Hi there,
My property manager in Beaufort, SC has an in-house maintenance firm that charges $60/ hour for general maintenance. In this specific case it was installing a new doorbell, re-attaching a fan cover, and ad...
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Hi allI've very recently purchased my first rental property. It is a small 5 bedroom single family house located in Minnesota. The house was actually built in 1870, but is in very good condition. One thing I'm worr...
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I am really drawn to the idea of building a large portfolio in low income and affordable housing areas. Areas were 90% or more of my tenants will be on sec 8 and government assistance programs. Some of the concerns I ...
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Is it a good idea to purchase a duplex with existing tenants. What are the drawbacks?
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Hello all, I've got a class C property that has not provided me much in the way of qualified tenants. I was curious if I am being too stringent on my criteria... I have a background in consumer lending in a nicer area...
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There is a corner of my house that is leaking in some water (see picture)I had a company come take a look and they want to charge ~$2,700 to install a sump pump and about 15 feet of french drain. My question to you is...
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Hey Everyone,I wanted to share my first BRRRR success story with the BP community. It's a bit lengthy but you can scroll down the find the details of the deal.STORY:First, some quick background (deal starts on 3rd par...
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I own a 3 unit multi family home in Upstate NY, bought in 2016 with a FHA 203k loan. Purchase price was $127K, renovations from the 203k brought the loan total up to $154K. The house was appraised by the county for $1...