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I found a couple properties that have been on the market for a while and would be perfect candidates for a BRRRR in my area at the right price. So I contacted my brother who is a RE agent and he said that he would be ...
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Hey fellow BP users, I need help. I have a potential deal on a 4 plex with a very motivated seller. The problem is there are no other 4 unit apts nearby, so no comps. How should I go about figuring out the value of th...
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Is the Canadian housing market at risk of experiencing a 2008-type collapse? Back in 2019, the Bank of Canada dropped its benchmark interest rate to nearly 0% making it a lot cheaper for citizens to take out mortgages...
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Hello everyone,I have created a mission statement and would like it to be reviewed by the BP community, all suggestions are welcomed. Thank you"The mission of Viridge Enterprises is to be the most successful investmen...
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Hello everyone!I had a walkthrough on this property this week and am crunching the numbers based on what I saw. I am thinking of offering closer to 200,000 (listed at 299,000).Additional information:Roof will need re...
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Hi all,
I once heard a seasoned investor say that a particular neighborhood in Chicago is overpriced now. This neighborhood, Bronzeville, has lots of brown and greystone buildings that were very cheap a decade or so...
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Hi everyone - I'm starting out in the buy & hold field, and have 1 property under my belt. I'm trying to come up with a plan for buying properties in the next year. Is it possible to hit the 2% rule in Utah? I'd a...
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My husband and I are just starting out and are looking at properties in our area to fix and then flip. I’ve been running numbers on a few properties and haven’t any luck meeting the 70% rule.I feel like I am stuck in ...
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Hey everybody, I was hoping to get some advice from some of you seasoned veterans here. My portfolio is made up of 3 rental properties and i'm ready to get my 4th. I am strictly residential real estate right now. S...
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I have a single family property under contract for $48k. I have $20k I can put into the deal. I’d like to make a large down payment and have a low monthly payment. Most of the lenders I talk to want to see 2 years ...