I have 1 property which rents for an above avg $1275/mo, SFH, tenant pays all utilities, yardcare, etc. We did a full reno 3+ years ago and have a mtg so cash flow is only about $450/mo. So far we have had 3 tenants...
I live near St Paul MN and I am struggling to find a sale where I would actually come out with a positive cash flow. Suggestions? Looking to purchase my first rental property!
Buying a house is straightforward; managing it can be a whole different challenge. The same principle applies to real estate syndications. Over the past few years, many groups have raised funds and acquired properties...
After watching a YouTube video from Ken McElroy stating 2020 is a wash, 2021 is the time to save up, and 2022 is likely the time to buy (when properties shift from motivated sellers to foreclosures to REO) I decided t...
For anyone looking to buy their first piece of real estate, STOP (unless it is a four-plex with an FHA loan). I did this 2 years ago and it was the best financial move I have ever made. If you start buying other prope...
OK. So here is the situation. I was in the process of purchasing a rental property through a Turnkey company that was asking $261,000 that just appraised at $226,000. Of course, I am not paying the original amount an...
Hey BP community, Every so often I enjoy writing about my investing experience here. It helps me build connections with other investors, and it helps me expand my network of capital partners. None the less, I come fro...
I’ve just finished reading “The Color of Law” which is an eye opening look in to government sponsored segregation through housing policy. With section 8 being an actionable step in the right direction, why are some la...
Through experience and observation there are endless scams in the Real Estate Industry. I'm a math guy, I do the numbers and can forecast value, so a scam is pretty obvious to me. I've been reading BP on and off for o...
Our buyer’s agent offered to list our duplex for rental with the commission paid by tenants. However, it has been 3 weeks after closing but there has been no deal despite activities of showing and open houses. We are ...