Found a 3 BR 1BA bungalow style home in Richmond.  I'm submitted my first offer today.Sq Ft = 1,018List Price = $65,000Initial Offering Price = $32,000Max Limit = $40,000ARV = $125,000Realtor Fees = $7,000Closing Cost...

My research has led me to deciding on long distance investing in either Indianapolis or Fort Wayne (am open to any other decently populated Indiana/midwest cities).I am leaning towards Indianapolis b/c the price to re...

Hey, Within the next couple of weeks, I will begin managing a 40 unit apartment building. I am meeting with the current owner/property manager within the week. I am wanting to be the most informed possible before begi...

Hey BP'ers!I have a house that looks to be an estate that no one is living in.  I checked the mail - yeah it was on the porch and noticed that the owner hasn't paid their water bill.  Found on NJ Parcels that no loan ...

In the realm of property management, understanding the legalities and responsibilities surrounding lease agreements is crucial for maintaining a successful and compliant operation. One common question that arises in t...

Hey there BP, long time lurker finally ready to get involved. I recently moved to Reno and I'm looking to purchase my first house/investment property. The plan would be to house hack a single family home (rent out the...

Investment Info:

Townhouse fix & flip investment.

Purchase price: $70,000

Cash invested: $38,000

Sale price: $205,000

Property Investment Summary: 7672 Bernardo Dr, Riverdale, GA

This proper...

I live in South Florida. Right now duplexes are going for a minimum of $300K in a good area and all of them are pretty much out dated and need work. Most of them don’t even meet the 1% rule. The ones I do find go quic...

Hello,

I'm Mike from Richmond, VA. I've lurked around here a while. Over the past 10 years I've gone back and forth as to whether I wanted to take the dive and I think I've finally convinced myself I do and the tim...

I need slightly urgent advice.I placed an offer on a house last week, and now I've had the inspector in as well as one of several contractors to get estimate for needed stuff.I got a great price on the offer I think, ...