Hi everyone!After a lot of learning & reading I've made my first offer on a 4 family building in Brooklyn, here are the numbers:Price: 1.28M (FHA 3.5% downpayment = 44.8k, closing costs = 32k -> total money dow...

How to make $6250 rent a month on a condo? Here's how I did it. BANK CALLED ME and I agreed to buy a condo they were about to take back in Athens Georgia near UGA. 3 story, 5 bed, 4 bath with nearly 3000 square feet. ...

Hey guys, I want to share an interesting story with you, so newbies like myself remember to take extra care when selecting a contractor or anyone, really, for your team. My husband met this local contractor (let's cal...

Not sure I understand how wholesalers without any cash or credit can make offers to a potential seller and get around the hurdle of showing proof of funds needed to close? Can someone explain this?

Hello BP,I wanted to share with you a possible scam I've noticed in the Houston market (could be others too).  I have multiple properties vacant and have received calls from interested parties naturally. I showed one ...

It seems as if a large number of buy and hold investors try to use the 50% rule for their rental properties. I myself think the rule makes perfect sense and that is what I use also.

I would like to get everyone's o...

Just heard back from my tax accountant and I was expecting some good news that we were getting a positive return from owning 6 different rental properties (bought 2 in 2019) but instead he tells me that we're just bre...

The required security deposit/move-in fee of $2795.00 breaks down as follows:Non-refundable administrative fee of $100.00--I get kind of like the $299 dealer doc fee a car dealership charges(Isn't that a part of busin...

So, there's a new flip show on TV. "Flipping Vegas." The show follows a flipping "expert" bumble his way through rehabs in the Vegas market.

His attitude reminds me of Armando Montelongo. Very angry towards his cont...

Last year we purchased a cabin in Kitsap County near Seattle with the intention of using it as a part time short term vacation rental.  It is a lakefront property which comes with septic challenges and the original ne...