Hi guys!My name is Amit Pinto and I've been studying the market in Jacksonville in the last couple of weeks. planning to make at least 3 deals this year (fix & flip). My budget for each property is no more than 14...
Hello everyone I am looking to purchase my first rental property and I have analyzed many deals. What rules are you guys using to measure if the deal is a winner or not? I have been trying to use 1% rule and 50% rule,...
Hey all, just some property terms that seem a bit unfamiliar. Here in Chicago, I never hear anyone talk about a “duplex, triplex, or fourplex”. Are these always considered separate units on the same lot? In Chicago...
Good afternoon BP! I'm reading more now than I ever have, trying to get myself in the best place possible to start my 1st Real Estate venture. My Road map is almost complete but I wanted to see what the community says...
Hey BP, As we know, the 2% rule is a widely used guideline in real estate investing, which states that the monthly rent should equal 2% of the property's purchase price. This rule is often used as a quick way to evalu...
Hi BP community,I've been passively learning as much as I can about real estate investing while I save my money up. By passively learning I mean I am reading books and being active on the BP community page. As I get m...
Indiana sheriff sale tomorrow. Second mortgage ($67k) is foreclosing on the property, while there is an outstanding first mortgage ($256k).
Relevant verbiage from the judgment is as follows:
That the Mortgage of Pl...
How do you build up an arsenal of relevant landlording knowledge? Through hands-on experience. Eric Drenckhahn is a "DIY landlord" who has managed his mid-sized portfolio for years and who has come across countless ma...
Here's another post adding value to this community: Leveraging your city's open data to find vacancies.
I'll start by pointing you how to get these leads yourself. To give you an idea, sometimes pulling these manual...