Scott Gammenthaler
NEW INVESTOR: Buying a duplex
Hello All,SUPER excited that I am buying my first duplex in Owensboro, KY and have a few questions. First off, here are the numbers on the property:Purchase Price: $76,500Projected (Past) Rent total: $1125Neighborhood...
Luis Toledo
Read any good books lately?
"Read a book!" is a pretty common tip for new comers getting into real estate investing. Here's a question, what books do you recommend and why? Which ones should be avoided, and why?
Here are some of my recent rea...
Marcello Di Gerlando
Graduating from Flipping to Lending. What do I need to know?
I seem to have an opportunity to expand into Hard Money/private lending here in Colorado Springs and I am looking for some pointers to ensure I don’t fall into avoidable traps and beginner mistakes or become victim to...
Jim Tassoni
New Homes vs Renovating
I have a park with roughly 70 empty POH that are in fairly rough shape. They will take about 5k-7k minimum each to get fixed up to rent or sell. My question is does anyone have experience renovating these homes vs p...
Brandon Jefferies
Newbie looking for advice!
Happy New Year BP Colleagues!I am new to REI and I am looking for advice on how to start. I am located in the Memphis area and would like to start local. I am looking for any advice you amazing people are able to prov...
Marcus Louvier
Deal Analysis
Hey guys,Today, my first very motivated seller came to my inbox! I'm hoping you guys can help me analyze the deal.3 bed/2bath 1600 sq ftAsking: $90kLoan Balance: $90kARV: $95kCurrently Monthly Payments: ~$600 (said he...
Anthony Simboli
Let's talk furnaces! Open to suggestions on how to move forward
Hey BP,I am about 2 weeks away from closing on another property (2 family duplex!). Like my other properties I seem to always find the ones with only 1 furnace. The age of the system is unknown but having some experie...
Cade Powell
Business Loan to Start Investing?
Hello all,I am new to the real estate world and looking to start a business locally. My wife and I are young with a baby and don't have enough money to start buying real estate on a personal level. Is it possible to s...
Zulf H.
Chicago property Taxes are crazy - How are you managing this increase
Hello BP Members, taxes. Hope everyone is doing well. I have noticed the Chiago property taxes have gone up significantly. I noticed that the multi-unit bldgs in my portfolio saw a much higher increase in property tax...
Ellen Womack
When is a Lawyer Needed
Anyone who could answer this question, please feel free to chime in. I am in the middle of evicting a tenant for non-payment and also trashing my property. I was told that it is never a good idea to appear in an evict...