Hello BP!I could use a little advice on a deal I'm getting intoThis will be my second buy and hold investment. The first one I purchased was before I found Bigger Pockets, I did minimal analysis but luckily it still c...
We have all heard about the 70% rule. You want your total estimated cost with purchase price, rehab, and holding/closing costs to add up to 70% of the ARV. Around where I am, Ocean County NJ, I am not seeing it. Case ...
Hi Augusta peeps,
Active duty family relocating to Augusta, GA - for a year - this June. We've been advised to look for something that only requires cosmetic updates on our first time out. We've also been told not to...
I run a company that takes care of reo's for the banks basically I lock them up,clean them out,tarp the roofs and anything else you can think of(and yes I still have the keys)I have a investment strategy that if I tol...
Hello everyone. I would like to know where I can buy a house for $40-50k and rent around $600.Any thoughts?
Hey Everyone.I am considering starting a rental portfolio in Memphis. I currently have a quite a few units in Colorado (and live in CO) so I would be investing out of state. I would probably be looking to acquire 30-5...
I’m pretty committed to investing in a buy and hold rental in Detroit and not yet sure the best approach. First let me say I live in another city but am in absolute love with Detroit (I’ve been many times) and its com...
I'm a beginner to REI and I've been bitten by the mobile home bug. I've evaluated a ton of properties and even started getting an investor involved in one park so see if we can make a deal. I called on a park here in ...
Folks - I purchased a property in Jan 2017 in Memphis, TN and the following is the analysis over the last five months. As you see, net income is -$5206.15. A few key things:1. The reason for negative net income is bec...
Hey BP Family,I saw a 4plex on the market and figured I'd run it through the BP Tool, but not sure if I'm doing this correctly as it came out to be a negative COC and would not cashflow until year 5. This may be too m...