How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...

Will be cashing out soon from a company buyout.  I will end up with about $400K cash after taxes.  My first impulse is to purchase 4 $200k homes with $100k down on each and rent them out.  The thinking behind that is ...

What do fellow investors think of selling investment property that is paid for 100 percent.Acting as bank.  30 years of payments.  What are costs associated with foreclosing process.What are other benefits and pitfalls

Hi BP

Are you a REI? Do you have your Real estate license?

If NO, why?

If YES,
1. Are you an Agent or broker?

2. Where do you work? (Big/small brokerage, own your own)

3. Pros and cons?

4. How much of your Inve...

Hello Team,I have been closely watching the Silver Spring Shores in Ocala and Ocala Park Estate areas and have 5 homes under my belt there. I now have an opportunity to acquire few new homes 3B 2B 1G in South east of ...

I was asked deep in a buried thread to answer a couple questions about my reply in a recent post. here is the start.
I post a lot about parallel programs. There is a reason I do that. It is the best of both worlds...

I would like to hear from several of the historians here that went through the most recent housing collapse back in 2007 through 2010 regarding what happened to their buy and hold strategy in that kind of environment....

Hello, looking to add some Canadian BP members or join to some groups. Im new to real estate and as useful as BP is Canada has different guidelines laws to follow. I won't be annoying and message you constantly I prom...

Wow, I didn't know we had this forum! Anyhow, it would be great to get some advice from people. I joined our HOA's board this year. We have 3 people who have been on the board for years, 2 for one year, and me and ano...

…and so the fun begins. :-/I just had a formal inspection done today on what’s supposed to be my first rehab, a Fannie Mae REO.Lo & behold, the inspector found evidence of a buried oil tank underneath the deck (th...