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Ok folks, this is my first post on BP. I love the site, the podcast, and forums and exchange of information. I have not yet purchased any investment property but have been considering a turnkey approach. Companies I a...
Hi BP,
I've had a short sale under contract pending bank approval for 8 months now only to get an email from the sellers agent this morning saying that the seller is frustrated with the wait and just wants to walk aw...
My contact in KC offered me this deal. What do you think? 10338 Sycamore, Kansas City, MOPrice: $74,500.00Rent (gross income): $950.00/per mo.Property Mgmt Fee: $95.00/per mo.Insurance Expense: $45.00/per mo.Taxes: $6...
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I am trying to find a company that will sub-meter and bill for water in my small (12 units) townhome community. A Google search only came up with 2 or 3 companies some of which only deal in large multifamily propertie...
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First flip officially in the books. I cleared just over $25k and learned a ton. Now I have to find that next one!
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Just curious for those that are doing rentals, which is your preference? For me I think for the long term I'd prefer SFH just because I think they would be easier to sell if need be.
What about you?
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I have a question for new investors out there.What's stopping you from teaming up with each other or more seasoned investors to do JV deals? JV investing can help you to learn the business and to increase the size of ...
As a wholesaler, what do I need to do and not need to do with an MLS property that the agent will take care of? It seems like most are going for Off-Market deals mainly due to competition and price. But for an ON-ma...
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I'm just getting started. When I'm looking for a deal with an STR, should I be looking for a somewhat distressed property, as if it was something like a BRRRR on an LTR situation? In other words, should I be looking f...
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I hope people find this write up helpful. I tried to be detailed without getting too long winded, but if I missed something don’t hesitate to ask. I really wanted to highlight the lessons learned on the BRRR strategy ...