How you all doing fellow Bp'ers. Gotta another question for the group. I came across a multi-unit, that did a walk through on and I want it. It would be my first, just an FYI. But it has all the ingredients, gre...
Hello BP, I was hoping someone could give me clarification on how using hard money works. I've never flipped a property before but thats what I'm looking to do. I want to get my financing in order first and hard money...
Hello,
I've been on here for a little while now and I really haven't seen people talk about wholesaling homes valued at say 299k but selling them wholesale for like $225k.
Say you purchase the home from the seller fo...
Hi all,I am located in California and purchased an out of state investment property (condo) in Dallas, Tx in March. My tenant informed me that some homeless people have set up tents in a vacant lot that is located beh...
A guy was walking around the neighborhood last night offering free quotes from "Power Remodeling" on new windows and a roof. I knew my house was due for a new roof soon as it's 18 years old, so I let him have a look. ...
I wrote an offer on a property in Richardson, TX today. It's an REO, but the bank is taking all offers. Mine is the first written contract they have received. I offered about 65% of a very conservative ARV - rehab. Th...
I've got my first deal underway. Monthly rent $1600 total for both units. ARV 130K. Picked it up for 62k, and it needs ~20K of rehab. We close in 1 month. I'm intending to do the interior painting myself so that shoul...
Hi all,I have an offer out for a 2-unit property that comes w/ a tenant who is paying 1/3 of market rent. The sale is contingent upon keeping the tenant who is related to the owner. She appears to be in her 80s and di...
I am searching for my first rental property to purchase. While searching on redfin, i spotted a rent ready 2 flat that has 3 beds, 1 bath in each, listed at $169,900. The problem is that it has been on the market for ...
Just wondering if any of you have used your multi family properties as Airbnb instead of for long term tenants, or a mix of Airbnb and long term.
I just had this thought driving home from a buy and hold Meetup last ...