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I connected with someone that I don't know personally who was looking for an investment partner. He is a broker but can't get qualify to cover the purchase of a property he wants to fix and flip. First we thought we...
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Finally purchased our first rental property! Being a newbie, I just wanted to reach out to the BP community and ask if these fees are usual or customery?100% of the first months rent.10% of the montly rental.3% of a y...
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Say, I purchase a small distressed apartment complex for 500k that is valued at 600k. I renovate the apartment using an equity line (Is this a good idea, in terms of the source of funds?) My goal is to renovate the ap...
I have been looking for sfr deals for at least a month now and the agent I've been working with has been adamant that we only look at properties that have a basement and a garage. The problem with this howe...
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I looked at a property today that was listed by a wholesaler I get emails from, he listed the property at $48,000 I met him at the property and looked it over I called him later and offered him $30,000 he could not ex...
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Afternoon BP,After news broke of Amazon moving forward on finding a new HQ, I got really excited for the possibility of a new/increased opportunity in a new area. I currently own and rent in Central Florida, but would...
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My recent BPO from WaMu was a drive-by, they didn't check the inside of the home.
I've been told that the next one will also be a drive-by...they don't reveal when it will be done, and there's no appointment set beca...
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Recently, I purchased a duplex in Warwick, Rhode Island for well well below fair market value. The property has all of the heavy lifting done, windows, mechanicals, roof, electrical, etc. The interiors are sound, bu...
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Are there any RE investors interested in investing outside the state of where you currently reside? If so, which states? And what is it about it that compels or stops you to invest this way?
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Economic Update(Monday, June 29, 2020)
The economy turned the corner in May after the sharpest and fastest downturn in U.S. history, but further progress in recovering from the pandemic is likely to come much slowe...