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My mother has a rental property that she let extended family stay in and they completely trashed the place and didn't pay for a number of months. My mother lives out of state and can not pay the necessary amount to ge...
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So was wondering If i could BRRRR a owner financed home? Or is that dependent on the written agreement? I have a home that needs a lot of repairs but is willing to owner finance. Also found a local real estate entrepr...
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Hi my name is Lukas and I'm new to everything real estate. I've always been interested in it as a way to create passive income through rental properties and I'm just now starting to take it seriously. I'm a Computer S...
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I recently acquired a mixed use property. The retail stores / offices have recently been vacated. The spaces are not in terrible shape but absolutely need work. The question is do you wait until I have an interested t...
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Hi,I am currently in discussion with my neighbor to purchase a 4-unit building in Chicago (Logan Square). The current layout of the building is 2 floors, with 2 units on each floor, and there is an unfinished basement...
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I am having a hard time figuring out what an “ideal” rental property looks like. Does it need to cash flow a certain amount? Do I measure it by the cap rate? Cash on cash? A certain amount of equity in property? Would...
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My question is based on the scenario that you are taking out a mortgage to buy the property so as to leverage your money. When flipping houses in short time periods do you believe it is better to contract the service...
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Hello all, I am currently under contract on a 4bd/2bth property that will become a long-term section 8 rental. However, one of the additional bedrooms has a working bathroom vanity with sink installed; worse yet, it i...
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My wife (@Elizabeth Wilson) and I bought and remodeled a laundromat in Memphis last September. I was just wondering if there were other laundromat investors also on BP to connect with and share ideas on how to grow a...
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I live in the Philadelphia area where the housing stock is pretty old. A lot of the homes are 100+ years old now. I'm 28 and thinking of buying a triplex that was built in 1910, I would ideally hold this property for ...