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Hello BP world! My name is Sean Ostrander and I am a new real estate investor in the Houston market. I am currently working for a REI firm and am wanting to begin my own personal real estate porfolio, using the BRRRR ...
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Looking for some opinions on a recent home sale and possible capital gains exemptions.
In short, I purchased my primary residence in 2017. I resided in the home until summer 2020 (total 2 yrs 9 months) and then depl...
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I've seen and heard coooountless stories from investors on rinse & repeat. Where a clear disconnect for me in 2018 is in building equity needed to repeat. I understand the principle but in almost every case, the p...
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So I closed two weeks ago on two townhomes that together make up one duplex. Because the purchase price would have made the loan below lending standards (49k for each one), I had to get creative and buy them both for...
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Looking at a property, and trying to get the numbers right to be able to purchase. Asking prick is $820k. It's been worked out that with $150k of renovation, ARV would be $1.2mil. I'm told that there are some banks...
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Yeah, I saw the full page ad in the newspaper. I have almost given up hope of getting back into real estate. I made money, done all type of deals that you read about in the books; but I was reeling from five investm...
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Investment Info:
Single-family residence buy & hold investment in Lemont.
Purchase price: $200,000
Cash invested: $200,000
Buy and hold strategy. This home was my first chapter in my real estate ...
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I feel that if I don't come out of this quarantine with a new skill, a new side hustle, or more knowledge it's never that I lacked the time...it's that I lacked the discipline.
During this time I am re-writing, game-...
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Hello All! I am totally new to this and decided to call FSBO's and connected with someone in another state about a property in CT. The property is free & clear and the owner is willing to do a lease purchase with ...
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Hey everyone!
I'm getting ready to purchase my first investment property that's a quadraplex and has 3 tenants in it. Each of them is on a month-to-month lease. I have it on contract with a FHA 203k loan with M&T...