Hello BP - I am new to REI with 10 yrs experience. After renting my wife's former house for ten years we are ready to take the plunge and begin investing in Real Estate wholeheartedly.The information I have found on B...
I’ve been looking into how to jumpstart my business and I’m looking at every type of loan to refinance a property. I hear a lot of people say that they BRRRR with a commercial loan, but the more I look at it I can’t f...
How do you figure out if the duplex that your building will be worth it? I’m estimating it will cost me about 350-400k to build and rent for about 1700-2200 per unit. Any help will be appreciated. I am having to put a...
I had a call back today from a pre-foreclosure property I door knocked months ago.
Property is due for sale this Friday and the owners suddenly want me to buy it.
I really need help from the community on this one!
...
What are your thoughts on investing in a condo as a str vs a sfm. The big benefit of str in my opinion is chase flow and obviously since you’re typically buying in a desirable area you can offer get really good apprec...
I don't know why I'm stuck on this...a bit of paralysis I think.
I'm looking at a $200,000 4-plex in a below average area. Not gang infested but the neighborhood isn't really kept up. Also, not a lot of comps...
Hey BP Fam,
I work for an operator in the Midwest and wanted to provide some insight to passive investors on the kinds of questions I find the most useful.
I am making the assumption you, the reader, have already d...
The recent Federal Reserve meeting has sparked much discussion, particularly around the rate changes. It's essential to understand the broader context of these adjustments and their implications. Here’s an analysis of...
I am interested in taking on my first flip project. So, let's assume I'm perfect at estimating rehab costs and at coming up with the ARV. Now, how do I accurately calculate financing costs before making an offer to th...
The above image is to get a clearer picture on finances on the below scenario.
Plan:
-Purchase 3/2/1 car garage townhome. Adhere to strict screening to provide great housing for two suitable tenants and myself....