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Got a chance to look at a property in a very hot area just outside of Detroit.
It needs a ton of work. Also has some mold and asbestos issues. So I need to get that price before I can continue.
But I ...
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Hey BP,So I just got my first house under contract (woohoo!) and everything looks good. Rehab is pretty straight forward, except for one thing: there's definitely foundation issues. There's a pretty solid vertical cra...
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I often seen discussion in BP that the house price is too high, there will be next crash coming. I am curious what people would do if you have $1m available at this time? Will you hold cash to wait for downturn so you...
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I'm curious to see how much of a myth the 1st Deal actually is.The Myth I'm referring to is "get your first deal and it's off to the races". As a new investor, I the more I listen to podcasts (and not just BP's) the m...
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My partner and I spent all of our saturday searching local REO properties in our area. All together we looked at 28 of them mostly semi-attached, single-family or 2 family homes. Now, we got out of the car, checked th...
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Hello everybody,
Yesterday I found a property on craigslist Cleveland, a 8 unit (6 apt. and 2 store front) for only $95k. Building is rented out (month to month) and I can buy this house with my o...
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So, I'll preface this with the fact that I admittedly didn't handle this famously from the start, and my re-evaluation is, in part, evaluating parts of this issue that I really should have looked into before I got inv...
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So I read the beginners guide, and have been hearing a lot about this 2% rule since I started looking around Bigger pockets, and my question is, is that really true for single family home rentals?
My grandfat...
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Hello!
I'm an experienced industrial real estate investor, but a completely inexperienced potential short term housing rental investor.
We recently moved from Los Angeles to Flagstaff, Arizona. We kept our home in ...
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I had a series of unfortunate events happen to 3 my properties this year:1) one property, my first tenant ever, moved out because they bought their own house so I saw my first year's cashflow go out the door due to tu...