Below is a brief walk through of my journey in purchasing my second single family rental in Memphis, TN. I made plenty of mistakes when I made my first purchase, some of which I talk about in a prior post that can be ...
Hello all, I am new to the forum and have been reading all over BP trying to educate myself about real estate. I'm 27 years old and have saved up quite a bit of money($120k at the moment). I'm interested in building...
Under contract to buy a really unique property, but the appraisal came back like $40k under the agreed on sales price. We are financing this one, so can’t move forward without the seller coming down.
Seller (investor...
Well, Minneapolis and Saint Paul decided last night that 99% of Nobel winning economists just don’t know economics as well as they do and decided to adopt rent control and save the cities. A 3% maximum rent increase e...
Hello BP community - I'm reaching out with a question following a series of events (some mold related) that has led to 3 of 4 college tenants in my SFR having their parents request release from their lease 3 months ea...
What is the general cap rate for the South Shore area? My group is looking to invest heavily in the area.
Have you ever heard of "Platinum Properities DMV"? I ask because they claimed to be 6 years old yet their website domain is only 5 months old (lying about how old they are is a glaring red flag to me). I'm wondering i...
My wife and I have been analyzing wholesale deals we come across for almost a year, but the numbers never work out. We wanted to start doing quick flips, just in case the market took a dip. Our current project in Phoe...
Hello,
I'm based in Az and the investors I've been working with try to get short sales at 60-65ltv. Just curious what are the trends in CA, let me know.Thank you
Hi BP, I'm considering selling off my small portfolio of 3 SFH's and moving the money into either a Delaware Statutory Trust via a 1031 or just selling and paying the tax and then reinvesting the money in a syndicatio...