Hi all. I just bought my first 8-plex yesterday. I got a sweet deal on a contract for deed. My mind is racing on where to start. I have to get the inspection done first, but after that I have a lot of housekeeping to ...
#10 is a super clean move-in ready 3/1/1 in my favorite neighborhood in south kansas city. 2nd house using my portfolio lender Arvest. Purchase was 62k with market rent around $900. No work required on this one.#11...
My question is this, and it applies to Turnkey companies, as well as other investors selling properties."Why don't they buy it themselves if its such a great deal/ROI?"If a turnkey company actually believes in the pro...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $60,000
Cash invested: $10,000
My First home! I bought this house when i was 23, and the first night i owned it, i...
I have an REO property under contract. We were scheduled to close tomorrow, but the bank said that the sherrif's sale deed was not filed yet, so I need to wait until it is. In the mean time my broker tells me that i...
Hi BP Community!
My name is Wade Sikkink and I just joined BP after downloading and reading the Ultimate Beginner's Guide to Real Estate Investing. Good E-book and you can't beat the price (free!).
My ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $200,000
Cash invested: $50,000
Beautiful duplex, centrally located in a super cute neighborhood.
...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $223,000
Cash invested: $20,000
Bought 3 bed/2.5 bath for $223k with $20k down, put $12k into cosmetic upgrades a...
Want to discuss the issue of capping the recourse liability. Let's say I want to buy a $2 mil hotel. This would be acquired through an LLC that has hardly an assets, so the lending bank would require recourse lendin...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $369,000
Cash invested: $12,915
Estate sale that the new owner wanted to get rid of. After submitting my off...