Joe P.
Plan in place, trying to see if it makes sense
Hi all,Thanks to BP I'm just about finished with my business plan to get serious about investing in real estate. My current holdings:SFH - Primary Residence: 85% LTV (10% conventional)SFH - Rental property: 84% LTV (F...
Rich Weese
update on previous thread I started
I think this is the correct category for this thread. If not, please go ahead and move it, Josh.Several months ago, I placed a thread explaining I was getting ready to sell a 152 unit building in the Dallas area of T...
Jared Trindade
Real Estate Market In Asheville NC
Hot. Hot. Hot.
Let's talk about Asheville NC, an area that is absolutely on fire in NC for REI. The pandemic has supercharged an already hot area. Asheville is unique for a variety of reason, and lets dig into the f...
Bill Fried
Why do SF Bay investors skip Fairfield/Vacaville for Sacramento?
I've been looking around the Sac/Folsom area for singles, duplexes, and quads recently and this time on our way back home to the Bay Area we stopped in Vacaville and Fairfield and found they were both very cute and re...
Justin Cabral
How to do you do your due diligence?
Newbie here trying not to overextend myself. So lets say I have my eyes on a property. How do you go about determining your monthly nut (as far as taxes, insurance, and maintenance)?And once you have that figure, how ...
Hannah Krebs
Complete Overhaul on a 1976 Split-Level!
Hello All of BP!Yesterday we finally hit the listing milestone for a live-in flip that was a whole year in the making.We bought this 1976 split-level in a smaller town south of the Twin Cities in Minnesota last April....
Shawn Torsitano
Is It Wrong to Kick Out a Tenant So You Can Move In?
Hey everyone, I had a quick question that is more about morality than technicalities.I'm currently looking to try to get into an owner occupied small multi-family property, to start trying to build a portfolio of rent...
Account Closed
Spec deal structure
How do these numbers look on a spec deal? Enough return to justify the risk in your opinion?Lot: $325,000Construction costs: $450,000Financing costs: $35,000 (est.)Closing & commissions: $40,000 (est.)BREAKEVEN: ...
Benjamin Riehle
5-Year Plan to Build Massive Wealth
The average homeowner has a net worth that is 44 times higher than someone who rents. Would it be life changing if five years from now you had built a portfolio of 3 investment properties? Have you thought about how t...
Mike Dymski
Commercial Property Prices - scary chart
A couple of scary charts below (article link also included). I can't predict market cycles. For now, I am just attempting to stick with properties that cash flow in changing market conditions.https://wolfstreet.com/...