I once started out on this site asking tons of questions. If you’re starting out feel free to ask me questions and I will answer the best I can. Below is my experience for context.Experience- 6-7 years- Single family ...
I am tired of wholesalers that exaggerate ARV in their listings. Living in South Florida, I feel like pretty much all of them put unrealistic ARV in their emails as there is no accountability. Should I not expect any...
I have this question because I have played in the NFL for 6 years now, and I have had many of my teammates ask me how they should invest some of their money once they find out that own multiple properties. Many of the...
Hey BP! I have not posted in BP for many months, and I miss it. I really enjoy posting topics that break down our failures and troubles so that others can learn from them.Based on the title of this post...$135k Fix ...
Hi BP,I'm in the process of purchasing a duplex in LA. The owner passed and left the house to her 95 year old sister, who is selling it. The front unit is empty, but the back unit has been occupied by a couple and t...
I wanted to know your thoughts on this. I was thinking of moving close to $200k from an old 401k account into SDIRA. I’m not much familiar with SD custodians. Only one I know is Speciaized trust company. Do they vary...
I was just updating my portfolio spreadsheet and I noticed that our equity position for our portfolio just surpassed the 4 million dollar mark (the majority of which is split between a partner and me). When I saw that...
I just got a property in TX for 125K if renovated bathrooms and kitchen will appreciate to 190k as per appraisal. I took a hard money loan including money for the renovation. Now the tenant is giving me a hard time, t...
Hi allDoes anyone have experience of multifamily buy and hold in the hudson valley area. Say from Beacon/Newburgh up to Saugerties. Would welcome thoughts on capital appreciation, cashflow and prospects for growth in ...
Here’s the deal.
I just got my offer accepted at 132,000 on a REO that the seller is Fannie Mae. Inside the Purchase Addendum it states that I can not sell the property for more then 162,000 within 3 months of closi...