Hi all, as usual, the greater brain power is so much appreciated from this group. Found a multiplex in Southeast PA that would start me off on my goal of owning 10 4plexes with a cash flow of $150-200/door and looking...
Hi All,Have a question for the forum and looking for some suggestions or insight on our issue. We are eager to start the REI journey and especially looking at using the BRRRR method for our first deal.I have a W2 job,...
I am leaving a Master Mind group meeting in Puerto Rico. This has 12 different RE associations from across the Eastern U.S.So one of the guys who is apparently not as experienced as I thought as this was his first ST...
I am writing about this on BP because I just found out about it and there are bound to be some tax wizards on here that know about about the game theory needed to navigate our ridiculous tax code. I stumbled upon thi...
Daggone it, I went an pulled the trigger. Wifey and I went to the Loveland/Ft. Collins area last week and found a pretty nice patio home for more than a bit under market. BTW, that market looks very soft to me.
It's ...
Just read a thread where a landlord gave a good reference. After doing so, the tenant went "bad". I am considering not giving ANY references but this may not be fair to a good tenant. What if you have a bad tenant and...
Current state: Value 240k, 3BR/1.5 BAUpstairs bedrooms are... 1. 10X12 2. 12X12 3. 12x10 A: Add a bedroom downstairs and bath =4BR/2.5BA Total cost = 4kB: Combine the Current Master and Bedroom (See picture below) t...
We are heading into our third lease term with a questionable landlord who lives out of state. I will be honest and admit there have been issues with the landlord from the very beginning. It took 3 months to see the ho...
Hi BP,
My REI partner and I are about to purchase our first two single-family homes. Our realtor got a deal on 9 homes with a wholesaler. We are buying each home for $148,000, with $500 in earnest money, and the Zi...
I have a scenario where I have found a manufactured home on a permanent foundation in an area where you own the land & have a very small HOA to pay for water, pool, parks, rec room etc. It’s great for my family as...