Hello all,
A business partner and I have found ourselves in a pickle with a single-family rehab project that we are looking to flip on the backend. This is a 3 bed 2 bath home that we found on Craigslist and purchase...
I apologize if this is a newbie question and for the provocative title :) In David’s book Long-Distance Real Estate Investing, he says its beneficial to find an agent who is also an investor in the area. I understand ...
Hi there, I just had an appraisal inspection done for a cash out refi. Subject property is a duplex: 1 side is 5 bed 2 bath, other side is 2 bed 1 bath. 3000 sf total. Comps will be difficult, and he'll be looking at ...
Good story about turnkey gone wrong in Indy. If you think somebody is working to make you safe passive returns ....Fox and Friends TurnKey Ponzi Scheme
I'm putting this out there for anyone considering purchasing turnkey from Real Estate Done 4 U (i.e. Michael Drew). I just bought 4 properties from him back in November. Two of them had issues. One of them had a tenan...
Last week one of my tenants called to ask if I was being foreclosed on. Someone had come to the house (Three family) and knocked on all the doors and told my tenants that I no longer owned the house. I told my tenan...
I had some work done on the HVAC unit in one of my properties in February for a heating problem. The tenant has just turned the AC on and it was leaking water around the pump that was replaced in February (no leaks wi...
Say, I purchase a small distressed apartment complex for 500k that is valued at 600k. I renovate the apartment using an equity line (Is this a good idea, in terms of the source of funds?) My goal is to renovate the ap...
Hello, I'm very new to BP but have been doing a lot of reading of previous posts, particularly about turnkey properties. I live overseas, and am considering investing in a US property. From what I can tell, turnkey ...
I have read many books on REI and various online resources as well. It seems like there is far too much "puff" in many books. The whole line about how easy REI can be and how profitable. Anytime there is high profit p...