Hey y’all,Long time listener first time caller LOL.I have a property we are planning to flip. Bought for 76,500 can sell for 150-160. Needs about 25k to 40k renovation depending on how nice we wanna make it.I had anot...
Hey y'all,I've had a lot of previous experience with rentals (single & small multi family, STR) and did my first flip in 2023 (where I lost a very small amount due to contractors taking 3x the estimated timeline),...
Hello BP,My name is Nicholas Smith and I currently live in Northwest Indiana, specifically Hammond, Indiana. However, my hometown is East Chicago, Indiana. I graduated Mississippi State University in 2008 and it see...
I have been reading a lot on BP! Thanks everyone for such a great community.One question I have is:I have heard people talk about how often in a booming market, you'll have tons of over-leveraged investors who, when t...
All,I've been lurking BP for a year now and I think there is ton of information here which, I admit, was overwhelming at the beginning. I'm looking to start doing my first deal and take real action.As a long term obje...
Investment Info:
Single-family residence buy & hold investment in Baltimore.
Purchase price: $148,000
Cash invested: $30,000
Finally closed on our last 4 pack of SFR in Baltimore. This is a 3 bed...
Hello all,As mortgage rates are rising, is it a good idea to use an arm loan for an investment property? Please advise.
Hi everyone!I own and live in a condo in Chicago (Old Town area) that I purchased for about $600K and currently have about $250K equity in the home. I am looking into purchasing a rental property in the Chicago area a...
Okay, let's speak about strategy.
Properties in different neighborhoods can be generally grouped into:
Class A: new construction or constructed within the last ten years. They have the highest rentals in the neighbo...
Hey guys, a little background before my question:
I am 21 years old, and I live in the Chicago suburbs. I am currently a commercial real estate broker specializing in retail, and so far, I have made roughly $25,000....