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I am planning on taking the leap on getting into my first flip. Please tell me if I am crazy. First off I am an agent and am very familiar with the market and have access to some very good deals. I am confident runnin...
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When is it time to clean up a rental portfolio? I guess it is time for me. We have been buying cheap rentals since 2002. After self managing all these years, it is time to get rid of all properties that have been dete...
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I made a verbal offer to a seller on a distressed property and I realize I didn't due my due diligence well enough. The seller called me back and accepted. Its a very low offer but in a warzone neighborhood. I am sup...
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I am in the work with a Real Estate agent of buying a quadplex or 2 duplex in the metro Detroit area. Most of the building have some work needed on them so I am looking at a turnkey instead. Would you recommend the De...
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Hi Experts,
After couple of years with my management company in Cincinnati, i'm thinking to change it.
My biggest disappointment from the current company is that fixes and maintenance are very expensive and too freq...
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I posted previously about a 2% cap rate on a duplex in San Francisco I saw, which isn't the best example for such a small property. But here's an office tower around the corner from my office in SF, and is selling ...
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Hello everyone,My name is James and I'm currently a 21 year old college student. At the moment my interest in Real Estate is high due to the lack of over all knowledge/experience I have in the field. My goal on the si...
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Recently a buddy of mine had a fire in a vacant home. It was not that bad, but never the less, he maxed out his insurance policy. There was not replacement cost on it.
Here is the questionable part. They paid the max...
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Hi BP Fam, I have a 5 unit BRRRR deal I'm looking into, would love your feedback on if this is a good deal or not. Background: 5 units all 2 bedrooms 1 bathroom units. 3 are occupied renting at $850. Two are vacant. A...
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Looks like Texas and Mississippi are taking a step in a direction that I cannot easily supply an adjective for ... good? bad? crazy? about time? reckless?No matter what happens subsequently it will likely have an impa...