Nate Culkin
Mobile Home Park in Small Town
I am looking at a mobile home park in rural Wisconsin, right now it is at around 50% occupation and priced accordingly. The goal would be to buy it and raise its occupancy as a project. What I'm wondering though, is...
Karla Kahmeyer
Best property acquisition strategy for 2-3 properties a year
Hello BP Nation - My business plan is currently built on a measured acquisition approach of purchasing only 2-3 properties a year (and planning to use BRRRR when possible). In the opinion of the more experienced than ...
Alex Madison
For those of you who invest in the Midwest, how have the older houses treated you?
I've read a lot about people buying and holding in the rust belt and have been doing some basic research into the areas. I've been leaning towards buy & holds in OH or IN, and looking at certain areas that cash fl...
John Weidner
Buying House with loud road noise
Just had an offer on a house to flip. Front of the house was quiet, no noise inside. Back yard backed up to a busy road with cars going by at 45-55mph. Constant traffic. Very heavy road noise in the back yard t...
Eléne Ray
Seller's Tenant Refuses to Move Out - 4 Days Before Closing!
Hi All,Found myself in a crazy situation - would greatly appreciate any practical advice. I am buying a 2 family in Medway, MA. The closing is scheduled for Monday, November 14. The house, as specified in P&S, is ...
Account Closed
Found a FREE Mobile Home to flip?
Hi all,
I have found a "give-away" mobile home. Seller has a long list of issues it needs corrected, none are anything all that complicated. The kitchen is missing...needs a few inside and outside doors and all floor...
Patrick Menefee
Are the 1% and 50% rule mathematically compatible?
While the 1% and 50% rules are widely used by people of varying levels of experience, they're just guidelines that aren't a hard and fast rule. I know in my market for example that 1% is insufficient, I need closer to...
Nathaniel Hovsepian
When is it good to take a loss?
I have recently come to the conclusion that I need to sell a property that is too much work for me at the moment for a loss. I purchased the home for $26k and put another $6k into it.I took the drywall off to replace ...
Jason Yarusi
When someone breaks in your rehab and changes the locks on you...
...Sometime you just have to laugh. Happened two weeks on a house in Cranford, NJ, a nice neighborhood. Bought the house from a guy who was in a rough spot due to some premature deaths of family members and he just we...
Ruth Kelly
Advice? Screening app w/ collection items "disputed by consumer"
Hi there, I have some experience leasing for a little over a year, and I haven't run into this particular combination of issues until now. Context: As is baseline standard for screening, I require all applicants to pa...