Jamie Gruber
Help with a foreclosure
I'm a newbie looking for my first buy and hold property. We noticed a home in our neighborhood that looked abandoned. We've learned that it was foreclosed on for $180,000. The value of that home would be in the neigh...
Richie Thomas
[Calc Review] Help Me Analyze This Deal (Ravenswood, Indy)
Hey y'all, I'm yet another out-of-state investor looking for his first deal in Indianapolis. I hope to set myself apart from the pack by a) building a local team of experts who I trust, and b) analyzing a lot of loca...
Kyle Nichol
Is Rent to Retirement legit?
New to investing and plan to purchase my first multi-family in the next 12-15 months. I came across Rent To Retirement during a property search here, and it seems that they are "preferred vendor" (for lack of a better...
Jeff Tumbarello
The bully pulpit doesn't really work with banks, but capital does,''
http://www.bloomberg.com/apps/news?pid=20601087&sid=amZ3uCIUB8GQ&refer=home
Paulson Lacks Leverage to Compel Banks...
Ryan Nodurft
Is this a good first deal?
Hey Guys,I am just getting started and am hoping for some input on my first potential deal. It's a short sale that the seller's lender has approved for $90,000. ARV is $125,000. The seller is paying $3000 in closing I...
Brad Cogswell
Estimating expenses too conservatively?
Hey all,Wanted to get your opinion here. I'm investing in California, and have been looking at a number of duplexes. After gross rent, I'm deducting an immediate 30% off the top for variable expenses - Vacancy at 5%, ...
Rachel Luoto
BAD SEPTIC - GOOD DEAL?
Nice B class Duplex in A class location, $100,000 short sale
Units rent $1500/month total
FAILED septic
What would you do? Is this a red flag, or an opportunity for someone willing to put in the work?
Discuss :)
Kyle Paton
Determined New Member in San Diego
Hello BP Community,My name is Kyle; I am 28 years old, living in San Diego, originally from Western Massachusetts and work full time as a sales rep for a roofing supply company. I was lucky to have stumbled upon the ...
Shawn L.
Hello from Waltham, MA!
Hi fellow BP'ers!I've lurked around the site for quite a while now, joined a few weeks back and am just now finally getting around to introducing myself. I've also been listening to the BP Podcasts every day on my co...
Denise Evans
Identify All Acquisition Costs Before Buying
For cash-on-cash evaluation of rental properties, it is critical to identify ALL of your acquisition costs. Here is a checklist. You might have additional items depending on your market.1. Cash portion of purchase ...