Ron Boling
Personal loan of $60,000
I live in Massachusetts and have a family member who is asking for a personal loan of $60,000 to purchase a $78,000 mobile home in Rhode Island. I do have the money to loan and would like to help and I know that the b...
Colleen F.
Wide stairs and flooring dilemma in a split level
So what would you do with these stairs and flooring for resale? So this is a split level with a sunken entrance and the builder did not put in an 84 inch tread. The treads are $110 each and the risers about $4...
James Honeycutt
Sold my first rental property, huge profit, next step?
5 years ago I purchased my first home using the VA loan (no money down). Lived there for a year, then rented it out for 5 years. The market in Colorado Springs, CO skyrocketed so I sold it. I now have, after taxes,...
David Krulac
60 million people can't be wrong.....
According to statistics, 60 million people in the US live in condos, that's around 20% of the population. Many people here on BP seem to be anti-condo. And there are cautionary notes about condos that don't apply to...
Petit Morne
$550 / mo rent on $12k condo???
So I am back at it with these low purchase price condos.
This is for a 1br/1ba downstairs unit in a 110 unit complex.
Current owner bought property 6 months ago, rehabbed it and is flipping it (I talked...
Tyler Hespeler
Potential First Deal
Good Morning All,I am meeting for my first potential deal today and I wanted to post the details up here so I can listen to any feed back.-It is a deal with a private seller-Its a 2 bed 1 bath in Groton, Connecticut a...
Trey Stanley
Possible first Deal
I think i have found a property that seems like it would be a nice starting point in my investing career. Its a Duplex each unit has 2 bed 1 bath and is currently full rented at 500 a unit. which is at least 100...
Joe Splitrock
Teaching a child about real estate
I am looking for suggestions on how to teach children about investing in real estate. I have an 8 year old that I would like to raise with an investor mentality. I have read the Rich Kid Smart Kid book. We own and man...
Sean Hurwitz
So, how much do I REALLY need?
Hi there, I'm a 'newb' from Los Angeles, CA and I have a quick question for all of you out there. Here are the stats on a hypothetical Flip deal:Cost: $125K Sale Price: $220K Rehab total: $40K I'm planning on putting ...
Brandon Monaghan
Should I buy now or wait (currently in Denver)?
Hey all! I do not know if Denver is where I will be living forever. I don't even know If I will be living here by January. I have been here for over a year now and can not make up my mind because San Diego is where I ...