Hey guys, Just wanted some clarification on how this section works. Lets say, using hard money, I purchase a property at auction for $35,000 that requires another $35,000 in repairs (included in the hard money loan). ...
Hello, everyone! I wanted to get your thoughts on buying condo(s) as rentals. I know there are various HOAs that go along with the package, but that's just about all I know. Any thoughts or information/experience woul...
So i got approved by a bank for two duplexes that i was interested in, i got one under contract and the other one didn’t go through “ another investor offered more” now i’m conflicted if i should go with this one prop...
A couple of firsts for me here on BP. This is my first post, so I am excited to get involved in the community. And I am posting about my first investment deal. Truth be told, this is not our first rental property, ...
I purchased a 3 bed/2 bath bungalow one year ago for $20K with the intent to flip. The home is located in a part of SC that's hard to find available contractors or help. After a month of searching, I found a unlicens...
Due to rent control laws and the difficulty of buying a vacant multi-family I am considering buying a house zoned for a multi-family. The only way any multi-family in LA could fit the 50% rule is by building a multi-f...
They would be an absolute except a few people get lucky and put everything they have into a rental property and nothing goes wrong for a year or two, giving them time to build up cash reserves. Then again a few peopl...
Brandon recently said that $200 of cashflow after expenses (including mortgage) on a house is a homerun. I am aware that different markets produce different results, but what is the minimum amount of cashflow you woul...
So an idea crossed my mind and I've done a little thinking about it. Wanted to see what the community's opinion is on it and if they feel it could be a good idea.General Info on my situation:Primary vehicle: No paymen...