I am just starting to explore the turnkey option of investing, and right away, I am having serious doubts, because it doesnt make sense. It sounds too good ....If a turnkey outfit buys a distressed property at a disc...
I wanted to share a recent experience. I recently received a letter from one of my lenders (Flagstar bank) calling out a deed transfer I made around 2-3 years ago. I transferred a deed via quitclaim from my name into ...
This was a convo my family had around the dinner table last night as some are leasing and some are buying their car. I was wondering what the BP community thought about leasing a car. Lets make the assumption that you...
If you were just starting out and had $150,000 to invest in real estate where would you begin? ( This is me! I would like to have at least $4000 a month in income by the end of the year.)
Hi bp. Putting an offer in on a property that may be getting multiple offers. My agent wants to waive inspection contingency. This is my first time buying a property and going through these Steps. Is this common? Is t...
My first (stressful) flip :)The house is a 1,875sqft 4br/2ba with a front yard, back yard, carport, porch and back patio with built-in firepit. Comp average days on market is between 36-43 for this area of town.My hou...
I am closing on my 5th house, which is my 7th deal, on October 17th and my plan is to renovation and sell it. I'm buying it from another investor who started writing about it in his BP blog but I won't share those det...
My wife and I are planning on relocating to East Tennessee to live and invest. We don't know much about the region other than what our research churns up (numbers, market forecasts, Google Earth views) and we really n...
I am new to RE discussions nad the BP community. I just noticed people here are VERY open to helping and giving advice/guidance. For some reason... I feel these are red flags, but maybe am wrong. I come from the onli...
I hear the words “Cap Rate “ a lot. What is a cap rate and why re they important? Is it something added onto a loan interest rate or maybe equity in a property? What is a good cap rate?