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I am trying to purchase a rental property that is in foreclosure. It is a 1br/1ba condo fully renovated. Bank has dropped the price from 97k to 55k. I am offering 50k cash. My question is this. My banker says a regula...
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GA rep- JScott
OR rep- Jeff Sielicky
UT rep- Rich Weese
CO rep- Anson Young
How is this a group to join for lunch! Nationwide knowledge all at the same place.
Thursday lunch at Altitude restaurant in hotel at 1 P.M...
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About two weeks ago I put in an offer on my first four unit. I offered 40,000 under asking price because from the street I could see the building needed a new roof. I also asked for 2000.00 in repairs and a contingenc...
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Good evening BP'ers,
I have a client in NYC that has a property in Jacksonville, Florida which she inherited through a will and the property has been abandoned for several years and isn't in great shape (land has val...
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Folks - I am working with a TK provider for a property in the 38128 neighborhood in the Memphis, TN for about $90k. I cannot give the exact address on this forum but it is within the area below. Is this a good neighbo...
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I am currently trying to add to my portfolio. I recently put in an offer for a complex after viewing 2 of the 28 units. I had a contingency written in that I would be able to view/inspect all of the units and gave the...
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I currently have my own place and thinking of getting another house. I'm new to wholesaling/RE investing and am trying to get my foot in the door utilizing my current home of either selling it or renting it out. With ...
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Hi everyone,Thanks to a lot of the great guidance from BP and the members I've met so far, I'm happy to say that I'm making big progress on my goals for this year. I closed on my first SFR rental in NY in late April. ...
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So if I have a 3 unit cash flowing $100 per door, I am making $3600 annually on that building. I would need 10 of these buildings (30) units to make $36,000.I assume there are various tax incentives and such that may ...
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Hi friends,I’m planning on putting a offer on this multi family house & the first floor tenants are on a month to month lease. The rents around here average $800-$850 (Connecticut). They are currently paying $500 ...