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First allow me to introduce myself. I had been researching rehabbing for a number of years now and when I cam across BP started listening to all of their podcast because I spend a lot of time on the road. I finally...
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We signed up for way more renovations than we thought.
Our total is 60K so far in repairs, 75K on credit card with 15K in cash in bank account (borrowed from credit cards.) The first unit is not rentable yet, alth...
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Ok, I know this question has been asked 500 times, 500 different ways, but it still seems clear as mud. Quite possibly the most confusing part of the business to me. What software should we use that has management cap...
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This has happened twice now in a span of less than 6 months. The property is a duplex with a tenant living in the upstairs unit and the downstairs unit is presently vacant. The upstairs tenant overflowed the tub (ag...
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There is so much speculation among realtors, lenders, and real estate investors about the “shadow inventory.” I wonder what’s really going on behind the scenes at the banks with regard to releasing inventory? Does any...
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HI all,
I found a multifamily foreclosure for $12,900 in my hometown in a B/C area. The house was built in the 1900's and i'm a bit leary of potentially buying a house that old. Thoughts?
What should I be looking ...
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When you are just getting a cursory showing/walk through are there things I should look for to see if there is a problem between the house and the street? Or with the water service from the street for that matter?Hous...
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Afternoon BP!Bottom line up front: I reached out to a local bank, sent an email inquiring about loan services for REI. Loan officer responded saying that they didn't feel it would be a good fit, and that this is not h...
I've been reading a ton, listening to podcasts etc., but I'm still freezing up when it comes to making a decision on where to invest. My expectation is not to become rich quick or hit a homerun with my first venture i...
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Hi BP Fam,This is my very first deal after being a renter for 10+ years in East Dallas. The property that I'm inquiring about has 3-parts to it. The main house is 1324 sq ft. The Duplex in the back, (that's currently ...