Hello BP family,I was scheduled for a closing this Thursday. Quadplex: 2br/1bath, cost $211k, seller pay closing. C class neighborhood. Repair 5k. New roof. Older hvac 12 yrs old.Cash flow:600/month with PMHowever, th...
Hi BP community,I am an out of state investor in my hometown of Cincinnati, so I plan to visit for both work and family now. Im thinking of practicing Rental Arbitrage with an apartment in the city to add double as an...
Hello everyone I am a new investor in need of advice. A couple of months ago I bought my first house with the FHA loan. There were some repairs required by the FHA for closing but the previous owner refused the do the...
In my search for SFRs and small Multis in Rochester, I've noticed how few city houses have *usable* garages. I say usable because there are plenty of garages that aren't big enough for a modern car, are deep in the fe...
Good evening... I have a title issue with a deal i have and could use some help on this.... The seller on this property does not appear to have an insurable or marketable title to the property. Seller obtain the prope...
Hey BP, thanks for taking the time to read my post! I’d like to first just lay a foundation for my question. I am a 22 year old married veteran with 2 kids and one on the way, currently living in Arizona, and I own a ...
I have a couple questions about what I can charge the tenant for. As I stated in a previous post I'm still learning because this is my first time dealing with a tenantt leaving me with a mess. Repairs are costing us m...
Hi BP network! I'm considering investing in a 3BR property (home) near the coast. However, it's not directly waterfront. It's approximately 12 minute drive to the beach, and 4 minute drive to the river/marsh. We'r...
Hello,I am interested to hear from the landlords that have 40hr/week jobs. Specifically ones you can't break free from during the day. My goal is to replace my income with rental cash flow before I CONSIDER leaving my...
Hello, would you buy a house that the son killed his mom and burnt the house down to flip?
Here are the numbers:
Purchase Price - $50k
Rehab Cost - $60-65k
ARV - $220-250k
There is a lot of room here, but I have ne...