Anyone ever purchase or even bid on properties on Auction.com? If they don't sell on there to do they go to MLS? Do all properties have a reserve? What tools do you use to determine potential property value with re...
Hi all, New to BP community and have noticed not many posts mention architects (say in contrast to CPA, legal, contractors, lenders, etc). I am a licensed architect and an aspiring investor (Chicago) and am using my b...
Hey everyone, So we do tons of rehabs well over 100 last 18 months or so. We been investing over 12 years so we have a lot of good knowledge and experience in RE. But I want to see what BP Members can come up with, as...
I purchased a "mostly" cosmetic fixer upper to live in for the next 12-18 months. The entire house needs a makeover and a few fixes. I am not handy in the least, nor does my W2 job allow me the time to do the work my...
(I apologize in advance for the long post)Some background:I'm interested in a property as a rehab project located in a seaside town here in Massachusetts. The average lot size as you get closer to the water is greatl...
I am 24 years old and have recently graduated with my master’s degree (read: not rich). I have a job secured in Dallas that pays $50k pre-tax, and I’ve been pre-approved for up to $211,000. I’ve been listening to BP p...
I know what the definition of a cap rate is but for some reason it's not sinking in. Can someone please elaborate just a tad for me?
So how much longer can this boom continue around here? I live in Palo Alto, where I have my main residence. I own rental properties in San Mateo, Foster City and East Palo Alto. The one in East Palo Alto I only pur...
Folks, I was talking to a turnkey company to buy an investment property, and looking at a few properties. Their pro forma sheet doesn't take into account ANY vacancy or repairs when calculating cash flow, and the rent...
When is the optimal time to purchase multi-family residential property? With the impending recession, what are some considerations for aspiring investors? What echelons of property should be honed in on? Which shou...