My rental property goal was 16 properties. And now I'm under contract on rental #16!It's a 3 bedroom, 1 bath property with a 2.5 car garage and partially fenced in yard located just 7 houses down from a rental I alrea...

The title is short but may not reflect the entire transaction.Seller was approached by "buyers". After believing all the "buyers" representations were not true, seller defaulted on a contract which he signed. "Buyer" ...

OK, so this is something I had no idea about but was just brought to my attention. I used to be a property manager for an apartment community, and I also was responsible for my leasing consultants getting paid their c...

Hi everyone, I just landed my first investment! Waco,TXThis week, I bought a property at a county tax sale with estimated cap gains of 100k if I resale the property now. Here are the details of the property:5 ac w/SF ...

Hello fellow BP'ers! Like any other newbie starting out, I too have a lot of basic questions.  I am grateful to this community who likes to kick @$$ and make you get started. Its like having an older sibling that make...

I have a little over $20K in a old 401K.  I was going to role it into a SD IRA but after talking to one adviser that works with SD IRA's she's telling me not to do it as its not much $$.  I would like to this case tow...

Happy 2018 Ya’ll!The New Year is a great way to make some New Years resolutions towards advancing you're investment goals! I started my first investment with a 4 flat on the northwest side. I used FHA financing and li...

Hey :)
so the basic rule for a good REI is most of the time
100% finance w/ a cashflow of 100$ per unit

but what is wrong w/ buyin RE which is breakeven cashflow wise?

simple example:

-no downpayment
-100k credit a...

Earlier this year, I purchased 5 duplexes in Milwaukee metro in a package deal.   The buildings were inexpensive $96K for the package and all together they needed less than $20,000 in repairs. I took a $100K HELOC to ...

I have a beach property which needed some fascia wood to be replaced and also the roof over the porch along with a few other minor items. The porch is about 18' by 10'. I was referred a contractor so I was definitely ...