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I recently purchased a 4 unit off market building for $231,000. It was originally listed on the MLS. The numbers in my eyes weren’t terrible so I requested a showing. The realtor wasn’t very helpful and the seller wou...
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Hi I'm doing a rehab and pulled out walls of a load bearing hallway to combine two bedrooms to a master suite. Problem is a few things, the floor upstairs feels like a trampoline because the old owner who had built th...
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I always purchase a listed property from the listing agent and never use an outside agent. During the last run on property 2000-2007 I lost so many properties because of unscrupulous realtors. I mean realtors were r...
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BL: Purchased HUD property Dec 2013 for $32k, rehab costs and expenses were$34k. thats 66k cash of my own money in the deal. The good thing is that I dont have any holding costs other than utilities and property taxes...
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I've been a hardcore follower of Dave Ramsey and have done his Debt Snowball in the past and it was very rewarding. The problem was that I started to veer in the past 4 years and take on more debt such as buying a La...
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The new year has arrived, so let's discuss one of the dead horse topic I see here time & time & time & time again -
I'M DOING MY RESEARCH AND HOPE TO PURCHASE SOMETHING WITHIN THE NEXT YEAR (OR TWO, OR 6...
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Many people would like to invest in real estate but either they do not have enough money for a down payment or they do not want to lock their cash into a property purchase. It is possible to buy property with no money...
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Remember that guy? He was on TV all the time. He talked about buying houses and making a fortune. He never talked about tenants, repairs, evictions, problems, etc. I wonder what happened to him. I know that Tom Vu wen...
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I am curious how many investors went straight into multi family or even quickly into MF?What were your reasons for doing so?What did your first deal look like?
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I don't know who needs to read this, but I feel it needs to be posted, publicly.
Recently the following happened:
- BP Member posts negative statement about syndicator to these forums, involving lost money, poor co...