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Everything that has been happening lately has really opened my eyes to the reality of the world we live in. Being a landlord now I feel that it is my responsibility to help build our communities and stop the hate. I’v...
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About four years ago I got a 4-unit property with a FHA 203K loan, I was 26. The goal was to fix it up, live in it and rent the other 3 units out to cover the entire mortgage and have a a slight profit. I was gettin...
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Anyone else feel guilty or bad at the idea of terminating a purchase contract? We have a property that we put an offer in on that was in "fantastic shape" and it got accepted after the seller countered. But after insp...
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Hello my fellow long-term buy & hold -ers. The more I listen and study (from various sources local & national), the more I hear the experts talking about an upcoming downturn in the market. Some folks have so...
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If you read real estate investment books, articles on BP, listen to podcasts or just generally find yourself learning about real estate investment then you will notice a common thing that is almost invariably mentione...
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Regarding small scale rental properties or I believe "buy and hold" is the term used around here (sorry, I'm new to all this).I notice that a lot of investors mortgage properties for 10, 20, even 30 years - whatever i...
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Hey BP,I am looking into purchasing my first investment property out of state. Most likely in Indianapolis, Indiana.I am currently debating on whether or not I should start with a BRRRR property or Turnkey property.Ho...
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When you're showing your property or interviewing a prospective tenant, do you purposefully wear a certain type of clothing?I've only worn what I had on that day, so sometimes I was working on the property when they c...
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I’m a small time investor, have been a landlord for my 4 units for the last 8 years and I’m also an entrepreneur. I’m reaching out to BP’ers who have a lot more experience than I and can offer some sound unbiased advi...
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So I'm looking for some advice on how to negotiate this deal. I have come across a seller who has no mortgage on their investment property, lives over 2 hours away from the property, and is fed up with renting, and j...