Hello BP community, I noticed there aren't too many forum posts regarding foreclosures and wanted to pick your brain a little regarding financial analysis for a first time investor. I'm currently searching my home cou...
Hey so I just closed on a property in Polk County FL my mortgage is $1535 average rent in the area is $1500–1800 I have a freshly renovated house with 3b 2 ba 966 sqft I listed it on the higher side since it’s remodel...
Investment Info:
Single-family residence buy & hold investment in Milwaukee.
Purchase price: $89,000
Cash invested: $33,422
I'm active duty Navy and this is my second rental property. I purchased...
Hello, trying to see what folks consider a "lowball" offer. I''m considering cash offer 12-15k below asking and trying to refine my offer strategy. I know there are many variables to consider however just trying to se...
Hey Guys!We are planning to sell our property in Los Angeles and do a 1031 exchange for something in San Antonio, Tx. We may have to get two properties, one commercial (8-10units) and one 2-4 unit building. Was wonde...
Hi BP,We are out of state investors looking to buy our first property in Indianapolis or Columbus. Been having trouble finding properties that cash flow, so I’m wondering if our assumptions are part of the issue.I use...
I have 3 properties that are currently vacant and have been for months. I’m paying the mortgage & all of the bills on 2 because they are short term rentals which is really ”Tough on the pockets” , I plan to turn o...
Hi Everyone! I sold 4 properties in 2022. The total net proceeds to me from the sales was $85K because I had loans on all 4 properties. I spoke with my CPA and he said that I would have to pay taxes on the difference ...
There are 5 4plexes on lamb and Lake Mead on sale, in the same community. And some of the has been on market for a while. Does anyone know why?
Hello All,I found a SFH that fits the formula I have for buying property and the asking price is good. Unfortunately since it's in a hot market, there are already multiple offers. I dont want to dramatically over pay...