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Hey everyone! So my wife and I have decided that we are wanting to try our hand at short term vacation rentals. The problem I’m running in to is picking a destination. We don’t have a large sum of money so we can’t go...
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I am trying to get a better understand of how using OPM works in RE financing. Specifically, how would you determine how much an investor gets after a flip, or cash flow for rental income? Here are two examples. I a...
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Hi Everyone,I purchased a single-family home in Erie, Pennsylvania and I recently had a property surveyor come and mark the property lines to build a privacy fence. During the survey, one of the corners of the propert...
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I’m determined to buy in an area I love for a second home or a buy-and-hold investment for my kiddos one day. There are a couple of $100K lots available, and I’m trying to think of alllll of the possibilities. I have ...
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Hey BP community-I've been educating myself the past few months and a deal presented itself that I'm making moves towards. A local investor is liquidating 13-14 rental properties and it seems like there is a good oppo...
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Hey BP,So one of the HOA's that I own a rental in is trying to pass an amendment limiting rentals to 20% of the homes in the neighborhood and all tenants and leases have to be approved by the board of directors of the...
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I'm a new investor, I have done my due diligence and research for over a year now on real estate investing. It's time to gain some experience, and I've been looking at properties everyday and night for over 6 months. ...
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I'd like to hear any strategies/philosophies regarding pulling equity out of your property to finance renovations or another acquisition. Obviously, the answer to the question "When do I pull out equity?" is completel...
Just finished reading 'The Millionaire Real Estate Investor' by Jay Papasan. One of the key points mentioned here and many other real estate books is to have a well defined criteria for your investments.I tried setti...
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Hello All,My name is Derrick and I purchased a duplex and approx. 1 acre of land in Desoto, Texas in June of 2015. I purchased the land with the intentions of building additional duplexes in the future. I have alrea...