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Hello BP community,My name is Brett and I am fairly new to BP and REI. I am a 28 year old physical therapist currently living in Brookline, MA. I came across BP after hearing it mentioned in a different personal finan...
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Wife and I bought our 1st house all cash in Sonoma County in October ‘08. It has nearly doubled in value since then. We currently live rent free, and rent that house out for $2,350 after management fees. Safe to sa...
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I'm a Canadian that has been interested in putting some of my money to work in the US real estate market. I've been talking to a few contacts of mine that have had success with different strategies.
One of the peopl...
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I have a deal lined up but I’m hesitant about moving forward. I am going to be using hard money to purchase the property. My problem is I have to rehab the property before tenants in which may take up to 3 months . Du...
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Here's the scenario:12 unit apartment complexOff market2 units month to month10 units 12 month leaseUnits are $300/month Below Market rentsAbsentee ownerProperty is free and clearPurchase price $1,600,000$50,000 closi...
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This is the third time, I've posted this thread. The first two times, I never got a single reply. Come on BP, you're letting me down right now! Please give me 2 minutes of your time to answer a debatable question for...
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I think sponsor is the term for someone who invests in syndications of commercial properties. I assume my $20,000 won't be sufficient. What is a fair amount to start with then? Does one need to be accredited to see th...
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I'm wanting to invest in real estate more, but I am short on cash/liquid assets. I currently have a rental property in the San Fernando Valley that's valued at approximately 310k (maybe a bit more) with about 210k loa...
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I have a new client that is looking to rent, but has horrible credit. He had a major medical issue, he survived (his credit, did not), and now is making decent money on track to make 120k annually. Where do we send cl...
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Hello everyone, so I been window shopping, so to speak and I found a really nice property in a good neighborhood that I am familiar with. It's a foreclosure on sale for $12,000. I'm completely new to real estate so ...