Dear Community,I am in the process of making an offer for a house. The purchase price is 575k, ARV is 900k-1200k, holding costs are high, taxes 30k per year. The house has plumbing and electricity problems which have ...
My neighbour located in WA is around 48 years old and has worked as an employee his whole life. He wants to retire in the next 5 years or earlier. He's tired of having lived in rented condos and has had a dream of buy...
So I got an offer to purchase my property and I’m a little bit confused, in the offer they are requesting that I the seller pay for all of the lender related fees and buy her share of escrow fees I would like to submi...
I am curious how others are going about this from an acquisition standpoint.
I realize most buyers are buying existing, usually value add properties. And estimating taxes on existing, older assets is pretty st...
Crowdfunding has its mechanics. Is there any requirement that sponsor has to have any money in the venture?Ideally, yes, but is it absolutely necessary?
Hello BP community,New investor here, I know the bigger pockets community is somewhat against paying for programs like this, but the learning curve with getting into real estate without a mentor is kind of high. So, a...
Hi folks, what does it mean when it says that a house sold for $10 on Zillow/Trulia/etc? I was watching a house listed for $59,000 that needs some love, but isn't that bad (I drove by it). Thanks in advance!
Good afternoon everyone,I am looking to form a business entity prior to acquiring my next (2nd) property. I'm looking to form a partnership that will increase his % as we go, as he is a sweat equity partner at the mom...
This is more an FYI, since my guess is that most on BP don't have NC or VA silviculture land holdings. If you do have or invest in tree stands on the coast, then hopefully the ecological phenomenon described by this r...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $267,500
First Purchase, Duplex that I am owner-occupying, bought with FHA loan, tenant pays 1325.00 a month, my...