Hi all!I'm looking for some help and/or mentor as I've been grateful to save $500,000 but I'm not sure where to best invest these savings in. Ideally, I would like to generate a 10% to 20% return on investment as I'm ...
Hi everyone. I'm new to BP and new to REI in general. I'm looking to do my first deal and currently have an offer in a 6-unit multi-family house. Seller asking $140k with gross profit of $31k and net with $19k(w/o dep...
I have a financing partner for potential rehabs I plan on doing and wanted to get BP's input on how to structure the profit split of these deals.
Some background information - I will be doing all the work from start...
I'm curious on others thoughts. I attempted to do a "Cash for Keys" deal with a non-paying tenant. He ended up not following through so now he is being evicted, but going through that process did make me think about t...
Ok. Hypothetical. You have $10,000,000 to deploy. You have to deploy it right away or you lose the money. What would you put it into? (it should all go in one asset type and class). My hope is that this helps people s...
Today we entered into a contract to buy a 3 bed 2 bath House in Kansas City Mo for $145k. The house will rent for $1500 to $1700 per month.I’m teaching my daughter how to create a monthly budget and will set up a sepa...
I am starting to invest in Class C neighborhoods for the first time. (Previously stayed in Class B and above)What are some recommendations for screening tenants and rent collection?(Bigger deposit? Background Checks?)...
I'm wondering if any of you ever sold your primary residence, for any number of reasons. Maybe, like me, you discovered Bigger Pockets and Rich Dad, Poor Dad, and suddenly began to question why you were paying such a ...
Hi all,I've been looking to invest in rental properties for a bit of time. I am currently located in Illinois (Chicagoland). I looked around this area, however the taxes here range from 5k-12k on typical home which ...
1. How does a FSBO handle an open house?
2. Besides the FSBO website, are there any other sites that can help educate me and provide me with needed documents?3. Can a FSBO place their house on MLS?