Hey everyone, need some help on the next step.I do a lot of driving for dollars to find vacant homes that are in need of rehab. I then search the properties online and then the county tax commissioners site to see wha...
Hello everybody! I am brand new to BP and I am so excited to my REI journey. This question will probably make me cringe in a month or so but here goes nothing. My friends are moving out of their house, they left it in...
Hello fam!I’ve been driving past a property in a well groomed, relatively safe neighborhood and noticed this single family home has boarded up windows and overgrown grass. It looks abandoned. When I looked up the owne...
Hello everyone,
I am wanting to purchase more residential rental properties, but banks will not lend on vacant properties as far as I know. There are not many already leased properties that are for sale either. I am ...
We recently acquired our first investment property. It is 12 units, 35 minutes west of Minneapolis, Minnesota. Purchase price $720,000Appraised $755,000My wife and I put $70,000 down, second mortgage on our house, and...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Sioux Falls.
Purchase price: $149,000
Cash invested: $37,250
Duplex in C-Class Neighborhood near downtown, 3 blocks from m...
I have a neighbor selling her property for 290k but she agree for me to give her 50k and take over payments but I would like to know the best way to acquire the property the right and legal way. Please help
Hi BP,I'm reading books and watching webinars. Part of the books and webinars mention creating a team. Who should be the first person on my real estate investing team? Does it matter who I invite first (e.g. broker, a...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $214,000
Cash invested: $56,000
Investment property bought from a turnkey company.
Bought my first property yesterday. It's raw land/small parcel .5 acre. Few issues with the deal. The name on title has passed away and survivors have not opened probate. Seems the property owner is out of state and s...