Hello BP Community! I am excited to announce that I have finally purchased my first ever deal! This project is going to a fix and flip. It is a complete gut rehab, getting everything brand new from plumbing, electrica...
Is there a downside to only buying seller financed properties when we are just starting out? My goal is cash flow right now, so I would buy and hold all of them, understanding I may not get the “deal of the century” t...
Ok folks, just some thoughts. I am working on getting a 3/2 sfh 1500 sq ft. Brick veneer on a pier and beam foundation. This property is going to need a total update. The brick is very dated with two major crack...
We have a lot of older houses in this area with low pitch roofs.
Does anyone have any experience on the costs/lifespan of roll composition and tar and gravel for a rental?
My understanding is that roll composition i...
Hi all,
I am wondering if I can receive some advice from experienced investors when it comes to purchasing older homes in the Milwaukee area. Obviously, there are a lot of homes in Milwaukee that are very old. Howeve...
Ok, so I am thinking of seller financing a home and it was advised I offer a certain % down and approach the seller about a 5 or 7 year balloon mortgage. I would make payments every month to the seller and at the 5 or...
There seems to be a common sentiment that buying turnkey rental properties means you are leaving money on the table. I understand this viewpoint because the turnkey company does have to make money somehow and their pr...
We talk about Financial Freedom here on BiggerPockets all the time, and most members of this platform invest in BOTH real estate and stocks. I think that we haven't really spent enough time emphasizing just how bad th...
I am doing my first true house flip (have remodeled plenty of houses for rental) and am trying to figure out a contract to use with a new general contractor whom I have not worked with previously. After hearing about...
A critical element of RE investing is access to good financing; rapid lender approvals and good terms provide an investor significant advantage in winning deals and generating strong ROI.For first-time investors or th...