I've been focusing on wraps instead of rentals because I find that the margins here in the DFW area are really tough to cashflow for rentals (if you are conservative with reserves). Also property taxes go up so much a...
Hey BP !After one deal (FHA owner-occ duplex) under my belt, I'm very aware that I'm still considered a "newbie", but I'm super excited about accelerating my growth, so I've got a question:Would it be better to pick u...
Hello everyone! I’m close to closing on my first duplex and I was looking for some advice. Would you put LVP throughout the entire duplex in order to completely “tenant proof” the place or make it feel “more like home...
I'm (sub)renting a room from someone (Tom) who is renting the whole house. I buy and sell stuff on eBay, and right after I moved in, an expected package didn't show up.
Tom assured me that he's pretty much around ...
Was wondering if anyone was familiar with this company/fund. They own about 80 or 90 properties in my area, very low end properties. Perhaps they're like Econohomes, a bulk buyer of last resort for Fannie/Freddie R...
I closed on #38 today. it's located in Redford, which is close to Livonia, Westland, Garden City, Northville and Canton. It was not listed on the MLS, not from a wholesaler either. I had to pay back taxes of 5k, and i...
Hey BP!I am discussing the merits of loan pay down and cash flow with my business partner aka wife. She raised the question of which is better for our long term buy and hold strategy. I have to admit I am stumped so I...
Here's something to think about,Domestic and foreign issues keep scrap prices lowBy John Ambrosia - Trend Analysis - April 20, 2015Along with April’s mostly sideways markets came another dose of reality for sellers in...
Hello everyone, Need some advice from this amazing group of investor. I’m currently in college working on getting my associates in business administration and accounting. (Dual degree) I’m almost done and struggling w...
I have been saving since I was 14 years old, and I am on Track to buy my first Duplex (house hack) while still being a senior in high school with my Parents cosign, I turn 18 In a few months. Since this has been a goa...