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I have been procrastinating on writing my business plan. I have a "good" excuse. I wanted to make up my mind once and for all what kind of entity I wanted to go with before I committed any thing to writing. After all...
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This is the After:This is when we bought it:This is going to be an in depth write up of the work we completed on my first flip, located in a wealthy suburb of Detroit that will hopefully net us around $150k (eat that ...
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Something I heard a while ago is that if renting a home is cheaper than buying it in an area, then most likely that area is in a bubble. For example in my area a single family detached home (4 bedroom, 2-3 bathroom...
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Hey BP!Say you have a duplex that you paid $60k for.Rental income is $1000/month. ($500 upper / $500 lower), property taxes ~2500, insurance ~$600, no major expenses on my end, utilities all in tenants name.Basement h...
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Hey BP! I have not posted in BP for many months, and I miss it. I really enjoy posting topics that break down our failures and troubles so that others can learn from them.Based on the title of this post...$135k Fix ...
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Greetings. I have a single family home that I want to rent. Using a PM to manage the property isnt preferred (because I'll only break even, literally). My plan was to just use a PM to find a tenant (and they'll tak...
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I’m currently starting to wholesale and I’m looking to get good leads for motivated sellers. How can I get leads.
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Has anyone ever looked at self-insuring wholly owned rental properties rather than paying an insurance company?
I've been toying with this idea for a while. Obviously it only makes sense after reaching enough...