Hello BP community!I need some direction from anyone with investing experience. My wife and I are debt free, we have excellent credit. We own a mobile home free and clear that we are currently renting to a single mo...
Hey everyone!I've been following the forums here, and I have to say the the info from the community is invaluable. I gathered up the courage to put an offer on a house in Oakland for a superficial flip. I wanted to ch...
I sold a rental property that was generating rent. I did a 1031 exchange added some money to it and bought another property that I knew had some title issues that I believe are low risk and the risk to reward was huge...
I am looking to invest in a duplex or triplex for under $100k. My goal is get $150/door after the mortgage. Overall I would prioritize cashflow over appreciation. Is this realist? If so in what markets?
Hi there -Just listened to podcast episode #214 of the podcast and was surprised by Joel Sherlocks statement that REI in Canada didn't made much sense for him/his company so they went to the US/Arizona instead..We're ...
Background: Last week Arbor Realty Trust foreclosed on four apartment buildings in Houston. The Unpaid balance was $229M and the sale went for approx. $197M (15% discount). The borrower had short term bridge debt on e...
Hello Everyone,What are some habits that you guys recommend for new investors? I'm working on developing some great habits. Currently, I don't have a job and my day is pretty open. I do have a lot of time on my hands ...
We're almost done with our rehab on one of our houses and we decided to keep the existing tubs because the area doesn't warrant a complete redo of the baths.
The tubs are a little dark from years of use and we want t...
Hello all, I am a newbie investor- bought my 1st out of state rental . The property is a 3bed 1.5 bath- needs new LVP flooring in kitchen/living room/hallway/bathroom and basement . Bedrooms have hardwood- which need ...
BP,
So, I'm trying to get a deal off the MLS and this agent, after telling me that her client is motivated, tells me she needs a "proof of funds" in order to entertain any offer. The problem is, as you probably guess...