I bought a property two years ago in NC through a turnkey investment operation. They buy, rehab, and sell with tenant in place and then manage the property. Everything went well until September last year, when the ren...
The Real Estate person was a friend and she was handling both the selling/buying verbally she told me the price was 125,000 then when it was written up the price increased to 170,000. This is mixed use property comme...
An odd thought came to me, probably not workable, but maybe an interesting mental exercise.
Most of the deal postings on BP are looking for funding so why not put together an investment fund with BP users?
Being...
I saw a post on Twitter that I had to respond to . . . of course, the response and initial post are priceless, IMO.
First Tweet:
If a home is listed for $25k, assume it's a fixer-upper. No need to email me and ask fo...
Hey guys and gals. I want to start this post by saying thank you for taking the time to read it (if you do so). I'll try to keep it short and sweet. Over the last few months my wife and I have become incredibly excite...
Economic Update (Monday, August 24, 2020)
Its going to take years for our economy to fully heal from th...
Hi all, I am new to BP and this is my first post. My goal is to buy a rental property (single family or multifamily) by the end of 2019. I’ve been listening to the BP podcast diligently and reading Turner’s book on RE...
In the process of purchasing a 4-plex at $50k. Total rehab costs are estimated $30-40k. Some units need more work than the others. The 4plex has 2br,1bth. The units would rent for $550-600/mo/unit. Have about $30k ski...
This is a long post, but I figured I would post my situation and a decision I am trying to make along with a spreadsheet I made to track financial independence. See link below. You should be able to copy and paste int...
Looking at a potential foreclosure property, backyard of house is on a slight decline, as is all the other 5 houses in a row. There are several cracks throughout the exterior of the house, some have even been tuck poi...