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I've been trying to purchase a rental property for the better part of a year now. It just seems like anything available on the market never works when I really look at the numbers. Here's an example of a current place...
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Hi BP Community,I wanted to share my recent interaction (email exchange) with a real estate agent who was advising me to up my offer price to beat the competition.About 20 days ago, I called an agent about a double (1...
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They would be an absolute except a few people get lucky and put everything they have into a rental property and nothing goes wrong for a year or two, giving them time to build up cash reserves. Then again a few peopl...
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Hello,I am a new investor. I am currently 2 weeks away from potentially closing on 3 properties using owner financing (I am the buyer). The terms of the contract is all 3 properties listed for $278K, with 45K down, 30...
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Market Vertigo
by Cliff Draughn
"We give you a Republic; now see if you can keep it." -- Ben Franklin
As I have remarked in prior calendar-turning newsletters, it is this time of the year when most people pause ...
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Hi all,Looking at a house in the Albany, New York area and had a question. Has anyone ever dealt with knob and tube electrical?I know prices vary from region to region but I would like a rough estimate for how much it...
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Just out of curiosity, how many of all your properties do you have a mortgage on and how many do you fully own? Mainly talking to buy & hold people, but flipping would also be welcomed, and really any type of REI ...
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Hey BP family,I was wondering if any of you genius' out there could give me some direction. There is a foreclosure that I'm interested in purchasing to flip and it apparently has a title issue. I feel it has scared a ...
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I have owned my restaurant for 23 years, and the passion for the business dissolved back in 2008. The economy tanked and I just had my fourth child. I wanted to have more family time and a more flexible work schedul...
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Hi everyone,I am narrowing down my ways that I wanted to get started in real estate investing. I started thinking about a week ago that a potentially good way to get going is by finding great deals and and selling the...