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Hello BP Community,I am new to all of this and I am still in the learning phase of REI. Been reading a lot (rich dad poor dad, etc.) and listening to the Podcasts to try to find which niche would be a good fit for me...
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Hey, BP! I’m Spencer a new real estate investor in the San Antonio area. Im still in the learning phase of trying to figure out the right questions to ask and slowly narrow down the field of ‘not knowing what I don’t ...
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Hello! My wife and I bought our first home in San Tan Valley in Oct 2021 and are likely going to be moving this fall. We will be moving to Kentucky, too far away for me to manage the rental. I have no clue where to st...
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I am thinking of purchasing a 25 unit group of mixed properties in one town. 2 small mobiles, 1 SFH, multiple duplexes, 1 quad, 1 8-plex. Total 18599 sq foot. Purchase price $1,000,000. Repair and closing cost estimat...
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A week ago, my tenant caused minor damage(bent a bit) to a neighbor's utility line support beam while driving a rented u-haul. My tenant called police/fire and no safety issue found, and also started the process of in...
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Hi BP familyI'm getting ready to close on my first income property with Wells Fargo. Closing cost are $2792. Wells Fargo is also adding another $3709 in "other closing" cost for a total of $6501. The other cost inc...
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What are your thoughts on flipping a mobile home? Home needs some cosmetic repairs and price at $40K. Looking for some advice. Thanks in advance.
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Hi! I'm a new investor. I live in the DC area and am just getting started. I expect to make a first investment sometime next year, after I spend a little more time reading & learning. Things I'm interested in righ...
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Hello - I am looking for some assistance in reviewing the financials for a 10-plex deal in Oklahoma City, OK.What am I missing? Is this deal worth pursuing? Details:Sales Price: $750,000Seller Offer: $5,000 in closing...
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So i have been working of this deal for a little while. I have talked to the seller a few times. He has a 12 unit apt. bldg. that rents for 425 a month. Each apt. is 1 bed 1 bath, and is almost always 100% occupanc...