Alex Ciuca
New investors in the house!
Hey everyone,
Want to reach out to the BP community and introduce myself and my wife who are eager to get started investing in SFHs and Multi-Unit rental properties. We are located in Pittsburgh, and while we are in...
Nick Smith
Cats.... so many cats!
I'm wrapping up a deal on a 2 bed, 1 bath house for $55,000 in the Midwest. The rent will be bumped up to $700 a month. After accounting for the mortgage, insurance, taxes, cap-ex, vacancy, and property management (bu...
Dong Yan
shall I keep section 8 tenant?
I am planning to make an offer for a duplex, one is vacant and another has long time section 8 tenant. The seller doesn't want to vacant them and we can only vacant them after we bought the property according to the s...
Tim Soto
Self-Storage Acquisition Cost Segregation
I'm currently in escrow on an under-performing self storage property in CA. I heard about using Cost Segregation when purchasing it to maximize on the tax benefits. I'm going to consult with my CPA, but just wondering...
Duane Alexander
Are most out of state investors using turnkey companies?
Or is there another way? I've read on the forums that doing a rehab from out of state is not recommended because overseeing a rehab project invites a lot of issues. Does that mean that most people investing from out o...
Jon Lafferty
Diary of a 3/1 SFR Rent to Rehab - in Southern New Jersey
I've enjoyed reading so many of these deal diaries that I wanted to add one I am working on right now. I really think there is a ton of value added to our community by sharing what the life cycle of a deal looks like ...
Adah N.
Is Overpaying Standard In This Market?
House is in a B neighborhood in Atlanta area, purchase price is 370K. I thought I was overpaying a little, perhaps 5-10k. However, I see now it is closer to 25-35K overpayment. Worse, I wanted a house that was move in...
Alexander Timberlake
Home Warranties? Yes or No
Hello,I would like people's opinions on whether home warranties are beneficial or not? I have had OneGuard for the past year and had a pretty poor experience. They either do not cover the item that needs to be fixed o...
Randall Priebe
First time investor in need of some input, first deal going bad?
So I finally did it. I bought got the money together and bought my first renal property. Sadly so far it has been a struggle. Even with all the math there are things you can not know. Quick back story. I live in Vanco...
Brian Ewell
Loans
After coming up with my freedom number, realized how many units I would need to hit that number. I have 4 real estate loans currently. How is it possible to get 10, 20 or 50 loans? Are the loans considered commercial?...