I bought a property in February 2019 as a 50/50 partner with another investor. The other investor is older, and pushed for a 15 year loan due to their age, so I reluctantly agreed even though I would have preferred a ...
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Economic Update
(Monday, June 22, 2020)
The recession that started in March was the sharpest downturn since the Great Depression. As it turns out, it may also be the shortest. This doesn't mean our economy is ...
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Hi all, I want to speak with someone who has experience investing in apartment complexes, up to 30-unit complexes. What do you evaluate during the due diligence process? What are one or two things a buyer should foc...
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I've signed on a $655,000 condo on the upper east side of Manhattan and we are set to close on Feb 1. Taxes, common charges and insurance will run about $1000 a month and I've found someone to rent it for $3200 a ...
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Hi all. We're new to real estate investing and getting ready to look at a 4 unit locally. Great community, top schools, upscale area. They're asking 325k (price just dropped 15k). Stated gross income is $41k per year ...
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Hello I am Carter and I'm 18, I am currently looking for properties and found that an FHA loan for first time home buyers can be helpful. However I don't have 2 full years of income to show banks and many loans requir...
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Would love some feedback from experienced investors regarding this REO.
Property had some localized flooding due to burst (frozen) pipes on the 2nd floor. From what I've been able to piece together, the water damage...
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Love to get input from all BP members. I am just about at my goal of saving 100K (4 weeks away!) before I pull the trigger and buy an OOS rental property. That is the plan, to start building up my RE rental portfolio....
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Denver, 130k asking price, leased property. 24 washers 30 dryers and dry clean laundry service cash flow just under 80k. Thoughts? Questions I should ask?
In 2020 my wife and I plan to test retirement by living off our rental properties. I'll be quitting my 20 hour/wk day job because I think we now have the cash flow to retire. Our income (including wife) will be droppi...