Advice needed on my ‘Smelly Mansion’ please!I’m having a hard time finding contractors willing to come out and give quotes this late in the season. I’m a new investor and I’m just beginning to work on building these r...
I may be able to acquire a very nice property in one of the most desirable locations in the SE. The home was built in 2004 and needs little to no work, it is simply facing foreclosure. After running the numbers, the...
As a first step I decided to contact a local agent. I basically told her what i was looking for and asked if she'd send me houses in my price-range. I guess it can't hurt. I'm just always a little skeptical when hand...
When I first started purchasing houses I had a Realtor find me a lot of deals. Once the houses were renovated I had her put the houses up for Lease on MLS. She would have the prospective tenants run a background check...
Inflation is the highest it's been since 1981 and continuing an upward trend. Mortgage rates are above 5%, meaning the $600,000 home from last year will now cost you $700 more per month. Financially speaking, things d...
I’m buying properties that were owned by tired landlords who never raised rents. For the most part, tenants aren't complaining about it because I do it slowly and give them lots of warning. Of course, I still get tena...
Across the forum, we talk about ensuring that you maintain your reserves... but how do you actually manage them on you own the properties? This question is for the properties you plan on holding. If you are flipping, ...
When wholesaling REO's do you find the buyer first or do you put the home under contract? and If you put the home under contract what kind of contingency do you put in place in you cant sell the home so your not at...
Hi BP friends,What are your thoughts about buying a MFU house hack that initially has negative cash flow once it is occupied by tenants as long as I see possibly for cash flow in the future with refinancing for lower ...
I've been doing a lot of deal analysis and keep running into negative cash flow unless I cut my purchase price by at least 40%. Is this why everyone talks about needing to find off-market deals to get a price that goo...