Hi everyone! I am a new investor in the Hampton Roads Va area. In January I rehabbed my first property. The job was supposed to take 6 weeks it ended up taking 11 weeks. The intial budget was 73K including the price...
I'm beginning the process of evaluating different locations to start my portfolio in Northern Virginia, so I thought it would be a good idea to defer to the knowledge of the BP members who invest in this area.
I'm cu...
Hi all, brand new, zero deals, but motivated - hoping someone with more knowledge that I have can give suggestions on how I should start out in REI given my specifics. In the absence of a mentor, and getting bogged do...
OK, long story short... I bought a unit with 20% down about 5 years ago, fixed it up very nice, rented it out, paid off the mortgage note, sold it, saved up more $, and now I have just under $250,000 in my high yield...
Hi there,I am 21 going to college to be a civil engineer in Washington, once I graduate I plan to use syndication to invest in real estate. What I am scared about is getting burned with syndication, I have seen and he...
Are you a member of a local real estate club?
Please share with us the following:
1 - What is the name of your local real estate investing club?
2 - What do you like about the club?
3 - What do you dislike about t...
Hello fellow BPers!Now, I know we’re all young at heart. But I’m specifically looking for those under the age of 35 to answer these questions. Feel free if you’re older to answer these questions too because honestly,...
When analyzing a deal, how much cash flow per unit do you aim for? I am specifically thinking not just after expenses, vacancies, amd repairs but also after any mortgage. Does this differ for you if you are analyzing...
I've put in offers for over 15 houses and still haven't had an offer accepted. I'm offering cash, 5 day inspections, full price (and sometimes more on some of the houses) and still no luck.
Maybe somebody can shed s...
Hey BP - I am having some trouble getting my first property rented and I would love to have some feedback from the community to see what I should be doing differently.Property details:2 Bd/ 1 bath duplexLight rehab pe...