How do the pros acquire so many properties in such a short amount of time? I listen to the BP podcasts and the guests are always talking about growing 5-10+ units a year. I bought my first house in 2013, and am loo...
I have a tenant who came by way of a temporary housing agency. Their son burned their house and the insurance company moved them into a hotel. The temp housing agency found my rental through Zillow and contacted me. I...
My apologies in advance for being verbose, but the details are necessary. I've been living in my home for 7+ years and I've seen the neighborhood change with some property owners renting out their homes instead of sel...
Hey BP!Say you have a duplex that you paid $60k for.Rental income is $1000/month. ($500 upper / $500 lower), property taxes ~2500, insurance ~$600, no major expenses on my end, utilities all in tenants name.Basement h...
I need Help!!! Just a heads up long post. I had to move for work and was debating on renting my house out. In Jan 2019 I made an agreement with text message proof “not sure if that means anything “ with my cousin that...
Most investors favor CF rather than equity build up.
The advice is get a mortgage as long as you can (30+years) so you can have a few more hundred dollars in CF.
This neglects the fact that you pay more...
Hi BP community, I just wanted to get the feedback and advice from investors/realtors/lenders on this forum. I'm currently under contract to purchase a SF house in the Riverside county area.
I was curious - what's...
I just had a real frustrating incident occur. First of all, I think some flippers do not understand the purpose of wholesaling or wholesalers. I have run into a bunch of flippers in New Jersey, North Carolina and el...
So this is my dilemma: I have no money at all right now since I'm a full-time dental student living off of student loans, so at this time I'm in no rush to start investing. I'm just trying to learn everything I can...
Hi Guys/Gals,I have a wholesale deal in place on a bank reo. I got the property under contract at $54,500 and I'm going to wholesale it to my end buyer for 59k all cash using a simultaneous close. My escrow company ha...