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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...
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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...
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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...
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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?
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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 ...
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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...
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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 ...
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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 ...
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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...