Hello everyone!! I've been doing my research over the past 2 months and i have taken some courses on wholesaling. There seems to be a lot of opportunity in this industry and i can truly see myself making this a full t...

Would you do this deal for 4 full duplexes:

Asking: $241K
Sales/Offer: $220K + $40K rehab = $260K ($32.5 each)
Monthly rent: $650 (average)
Monthly estimated expenses: $1,325 (including taxes and insurance)
PI: ...

I've been crunching the numbers on many potential properties for my first REI. I'm looking at MFH for buy and hold rental properties. However, whether the property is going to cash flow positively depends heavily ...

I thought it would be fun to come up with a list of why some landlords don't screen tenants. Obviously, I'm trying to convey to new landlords the absolute need to screen.

1. The LL's are blithering idiots

...

My name is Joey Morsillo and I'm a 16 year old male determined to start his successful future as early as possible. I have been searching around and talking to friends of mine about how they made they're living throug...

Question for you all in this community, can you deduct interest paid out of HELOC, which the funds were used to buy a rental property? It is my understanding under the new law, HELOC interests are not deductible for a...

Just curious how one with much more experience would go about determining whether this deal is a good deal or not.  There are some things that seem low such as repairs and vacancy allowance. 

I want to buy tax liens with the hope of eventually owning some of these properties, but I'd like  advice on how to evaluate the risk of high repair costs between 5-6 promising properties.  I've researched liens for s...

Hi,

First thing I'm glad I joined BP the post, books, and podcast are great! There is so much to learn on here but I plan on sticking around here and learning so I can tell my first success story!

However, I just sc...

Hello BP,I recently came across a deal. The property is in the suburb area of Baltimore County, Maryland. The deal requires all cash and since we don't have that much cash on hand, I am thinking of partnering my LLC, ...