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Since they instituted a clause in their approval letter that says they will rescind the short sale transaction if the property is resold within 30 days . This is provision # 10 in their short sale approvals which is p...
This happens to me time and time again. I just got off the phone with a seller of a house in Florissant MO who told me that 5 other people made offers on his house and that my offer was less than half of what the nex...
Hey everyone,
I recently decided I’m going to build a fourplex to owner occupy. I would potentially walk into this deal at 0 down for a $500,000 fourplex.
I have one SFR rental, and was just curious, what happens t...
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@Bill Labrecque and I recently purchased a 3-family in New Britain, Connecticut as a flip project. Since we are expecting the rehab to be pretty be expansive we figured it would be good for a BP deal diary which we ha...
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Hello All, I am bidding on properties in Florida almost every day and looking for some insights to save some time. For those that are experienced you know that this is A LOT OF WORK! We get O&Es, drive the propert...
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Hi all! I'm having so much fun listening to BP podcasts and Turnkey-review podcasts. I'd have to say this is my new obsession. I'm hoping to purchase my first few turnkey properties this year. When doing the numbe...
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So this is the first year that I have not had a traditional job and w2 income to show at tax time as well we own 4 rental properties (one in which we live in one side of a duplex). We also did a short term rental on A...
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I bought my first rental property earlier this year. Cash flow after I move out (house hacking) and renovating should be 200-300. 30 yr fixed mortgage @ 6.625% with about 76,000 left. Over time, I'll end up paying 96k...
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Please share your "Why?"
Here's mine: Personally, I believe in real estate investing because I don't believe in job security.
This has been my experience...I have worked since I was 15 years old, mostly for small b...
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I am selling a building, doing a sale-leaseback to keep my operating business in the location under a new lease. I have yet to identify an upleg for a potential 1031 exchange, but what I would really like to do is pul...