Hi all! I'm finally ready to make the leap and purchase my first buy-and-hold rental property. I've recently found one that I like a lot, however they want cash for it. While I have about half the cash on hand, I'd li...
About a year ago I purchased a seven unit property in a good neighborhood, however the property was in horrible condition. I have since evicted the trouble makers and completely renovated the units along the way. My r...
Hi, my name is Seth and I am new to BP.
I just closed on my first rental property and wanted to get some feedback from people on weather they thought it was a good buy for a first timer.
The property is...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $276,000
Cash invested: $45,000
Sale price: $349,900
Purchased this probate property on the MLS for $276,000, s...
FIND THE PROPERTY
Section 1: Identifying Potential Flip Properties
One of the key challenges of flipping property is finding a property that has the potential to generate a profit. To identify potential flip proper...
I'm a realtor who is currently finishing my first fix and flip with a business partner through our LLC that we formed from each of our individual Corporations. I've been pouring through articles on this topic, but am ...
I have bought plenty of properties sub2 with all kinds of bad loans and liens but always with the intent to pay off or negotiate a discount. But now I'm looking do some old school pretty house "get the deed" deals. ...
Dear BP Community,Oftentimes a lender asks to write "a brief summary about your real estate experience." Could someone, please, advise what exactly they are looking for and where can I find a sample?thank you all in ...
I watch the other flippers in my market and it seems like fridges and washer/dryers are not always standard equipment. When selling a house, we have always included all the appliances to make it as move in ready as p...
Hi all,
I'm about to place an offer on a property with an ADU, which we plan to rent it out.
I understand that if I rent this ADU out, then I can have a tax write off on the mortgage payment and insurance payment ...