I havent been around long enough to see high interest rates. How much does it usually affect house prices? Common sense says that when rates go up prices go down but what could we expect to see happen if rates went up...
Every time I get a lead I screen it first over the phone. If the motivation and equity is there I'll set-up a time to meet the owner at their property with my GC. While my GC is estimating repairs I'll spend most of m...
TL;DR I dreamt of investing for a long time, moved to the US to do so, hustled to gain knowledge, took action while feeling terrified, and just finished buying a house and placing the first renter.I'm writing to say t...
Hi all! I've been reading a lot of forums on BP and saw many people say that 5% down conventional loans on a owner occupied fourplex is no longer existent. 3 out of 4 lenders I've reached out to also told me the same ...
I’ve been using the same realtor for my last 4 rental properties. Each deal has gone well as a buy and hold investment. He has recently approached me about a buy and flip deal that is currently off market, and he says...
Background: I am currently looking at purchasing a house listed at around $14,000 to flip as my first real estate investment. I have ran the numbers and think the house needs around $11,000 (with a 10% contingency) i...
Hello BP,
I'm new here. I've been reading the forums for a couple of months and now I need a sounding board. I'm new to real estate but not new to business.
My wife and I found 2 duplexes in the suburbs of Philadelp...
I am looking into Houston and Dallas mostly, but other parts of Texas as well. What are the best strategies in these markets and what do y'all like about the market and the city as a whole to live in. I am looking t...
Howdy! My name is Chris. I'm a drilling engineer working for a small, private oil and gas company in Midland, TX. I've been working in the industry for 5 years after having graduated from Texas A&M. I love my ...
Asking for money seems to be an embarrassing topic. It seems to be more embarrassing to ask for money from private individuals than from a bank. Why? I think because a bank is just an "institution" versus a pers...