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Hey BP, i'm looking to buy my first property and plan on house hacking it. The property is a 3 bed 2 bath in Manayunk going for 229k. It is fully rehabbed and in amazing shape- I know I can get 750 per room bringing t...
I'm working on a rehab for rental and pulled up the flooring (vinyl floor and carpet) and noted there was a ton of moisture (wet) in the existing wood floor. The house when I bought had been vacant with utilities shu...
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Over the past couple of years we have focused mostly on flipping houses in Arizona. But starting this year, 2017, we are now starting to pick up rental properties that we are turning into lease options. So far we ha...
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Interesting articles about what's really going on
http://www.theburningplatform.com/2014/02/02/warped-distorted-manipulated-flipped-housing-market/
Looks like house flipping (buy, fix sell rehabbers) wi...
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Hello All,
So I found my first deal! Kept driving by this house that showed the signs and finally got the nerve to speak to the owner. He is an older man (so sweet) who just can't maintain the property anymore. Now h...
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Learning: NEVER sign a contract if you are not comfortable with the contents, no matter how bad you want the property.I was a typical BP newbie. Searching for financial freedom, I stumbled upon rental properties as in...
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Hi all-I just wanted to run a problem that my partner and I are running into during a double duplex purchase. Properties are in Central Florida.We recently went under contract for a pair of duplexes off the MLS, and ...
I'm looking to have my first deal as a rookie investor this year here in Toledo, OH. I will have $16k of money borrowed from relatives and I intend not to use personal money. Maybe up to $5k personal money if really n...
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Hi BP! I know many people come on here and say how they purchased 20 or 40 or 60 units in no time, but I wanted to post our very realistic and achievable situation of purchasing our first 3 single family homes in a on...
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My wife and I had been interested in purchasing a rental property for about a year with the intent of making this a business. She's a teacher, I'm an engineer and we have little faith in the future of Social Security ...