Hi everyone,I am new to the BP community, and looking to invest in NYC/NJ with 2 friends I grew up with and have been stuck in "analysis paralysis" while reading books, forums, and listening to the BP podcasts. We gr...
Investment Info:
Single-family residence wholesale investment.
Purchase price: $80,000
Sale price: $105,000
Contributors:
Peter Vekselman
Partner Driven, in collaboration with Ernest ...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $145,000
Cash invested: $60,000
Fully renovated 4-5 bedroom ranch on 3.3 acres. Updates include a new septic system...
Background: Two friends and I have been meeting to discuss investing in real estate together. Pooling our finances and our risk is the reason, plus we work well together. We have run a nonprofit together for the last ...
Think of it this way:If stabilized operations presume 5% physical vacancy, then if you could squeeze 2x the income from 5% of the units in the community, you could effectively "erase" the entire 5% vacancy.This is the...
Hello everyone,What's the deal with real estate tax firms disguising sales pitches as "consultations?" Twice now, I've gone to the "big guys" to hire a tax advisor/strategist to help with our two new properties: one...
Hi, looking to invest out of state in Indianapolis, would you guys recommend single family or multifamily? Which provides better cash flow? I heard multifamily market is tough to get into right now in Indy, people are...
I was under the impression that if you buy a property at a tax sale the only liens that survive are the government liens. These would be IRS, Dept of Revenue, etc.. All mortgages, HOA, 2nd lien holders, would be wiped...
Hey everyone,
As 2024 comes to a close, I wanted to share my experience managing a 3-flat in the Ravenswood neighborhood of Chicago during my first year as a landlord. It’s been a wild ride—full of challenges, lesson...
Investment Info:
Single-family residence fix & flip investment in Spokane.
Purchase price: $65,000
Cash invested: $29,000
Extensive rehab in Underhill Park area
What made you interested ...