Baltimore tax sale is going on as I write this. Getting blown out. Extreme competition in our space. Typically there would be only on or two other bidders on the low end properties. Today we have 4-8 bidders even o...
Planning to get my first multifamily property by the end of summer and wondering how to go about selecting the right tenants. At work part of my responsibilities include bringing on new talent to the team. I’m usual...
Question for the BP forum? What do you do when you are tapped out of liquid cast to jump on a deal? This is for general knowledge and also evaluating my situation question. Say you have a seller that wants out complet...
I am getting some pushback on the idea of recourse vs. non recourse loans from a banker I'm just about to go with. My accountant told me not to take out a recourse loan, one that allows for deficiency judgments (th...
This is a kind embarrassing/bizarre story, but I figured I'd share it since everyone and there brother is getting into wholesaling. Basically, I was approached about buying a buy-and-hold home from a wholesaler in a ...
While I appreciate BP is a U.S based platform, I am always curious how many investors in Canada is lurking on this board, and lots of opportunities were missed. While our group focus mainly in Alberta, we would love t...
We know that HCOL cities have high rent, high property taxes, and high prices for everything. This year, my Slack acquaintance couple purchased a $2.6 million 3bedroom condo apartment in Greenwich Village, Manhattan w...
I'm too weeks from closing on a four family house in Delaware county PA (my first property) and my attorney and my agent have conflicting schedules on closing day. I am aware some states require you have an attorney p...
Wi-Fi enabled sensors will soon be embedded into nearly every product so "owners" can monitor the data the object sends. A gate may send a signal meaning "I'm open" and a chair may send a signal saying "183 lbs." ...
Hi,
I am very new to RE investment. Just found this forum several days ago and learn a lot already, to say the least. We have about $400K in cash. Originally plan to buy a bigger house for ourselves, and rent out our...