I found a forclosured property for 79,900. The houses in the area are selling between 108,00 to 120,00. The house is in very good condition (liveable). I am not sure on how to calculate the numbers to wholesale the pr...
I have an overall good tenant who i inherited from the previous owner who is polite, professional, and pays on time BUT she also appears to be selling/dealing used cars in addition to her 9 to 5. This property is a t...
The Basics:*Already have enough saved aside (Very, very, lucky financially, but somehow unlucky about everything else in my life) for 4yrs of college, with a year & a half under my belt already.*(No College Expens...
Have you violated the 70% rule and still made money?
For those of you who don't know, the 70% rule is basically the multiplier you have for the ARV (or After Repair Value) from which you deduct the repairs an...
Hey BPer’s So I’m curious what a private lender deal looks like from the lenders end? If I was to lend 50k to an investor that’s buying distressed properties and flipping them and cherry picking the best deals for his...
BP Nation,As a newbie, this is my first success story. My wife and I started our real estate odyssey in the winter of 2013. Since then it has been an amazing and wild experience. Hopefully, our story can be an inspira...
Here for some advise: I'm a landlord of a multi-unit property in Chicago. Last week, one of the tenants' dogs bit another tenant at the entrance of the property, as they share the entrance space and their doors are ne...
Among my criteria for investments is to target small multifamily properties with upside In rents to enable cash flow - nothing new. This in part happens because rents have been steadily increasing in the area. Great...
Good afternoon,I've been reading Profit First by Mike Michalowicz and am going to set up the system just like the book tells you to do. I was wondering if anyone of you have tried this and how has it treated you? How ...
We found a property that will likely get multiple offers. We would like to put in a cash offer and quickly recover our money with a refinance and still be able to deduct the interest. Is there any rule or timeline in ...