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A coworker of mine has ~7 low income houses and duplexes, and I see the issues he has to deal with on a regular basis. Extended families moving in, criminal boyfriends living with the tenant, frequent evictions, etc. ...
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I've just placed my first property under contract yesterday. I sent out an email to my buyers list yesterday as well with pics and info on the deal. My inspection period is 15 days but I'd like to have the deal assign...
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I have an apartment complex (150 units) in Texas that was offered at great discount from a Seller that was in default. The complex was up for foreclosure today (1st Tuesday -March).
I got offered ...
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Hey BP,I’ve been planning to post about my first deal for several months, so here goes.Summary: This was a wholesale deal in Duncanville south of Dallas that I put under contract for $64,000 and sold for $76,000, part...
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Bank of America, one of the country’s largest mortgage lenders, says it is loosening its policies on short sales in response to the U.S. Treasury Department’s announcement last week that it would increase incentiv...
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Economic Update
(Monday, August 10, 2020)
The resurgence in coronavirus cases is sidetracking an economic recovery that gained steam in May and early June, slowed in July, and now indicates a rocky path ahead. ...
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Hi all. My family and I are looking to invest about 3-4 million dollars in rental properties. We are deciding between a couple 3-5 units in the city or several (cheaper) SFR in the suburbs and outskirts. I imagine the...
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Morning all!!...ok so I've been on BP now for 6 months and seem to have missed something really basic. My wife and I are committed to the RE business, but one question keeps popping up. How do afford/qualify to build ...
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Hi all! I am just starting out in REI and am looking at every option of saving and building capital to invest. I am 25 and contributing around $100-$200 a pay period to my 401K. I have only begun contributions last ye...
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So with interest rates sure to rise and inflation well on the way, what’s your strategy? Pay down loans? Save up for the next drop? Just curious.
Personally I’ve tried to lock in interest rates as much as possibly a...