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Hello BP Family,I was recently speaking with a buddy here on BP that is new to the game and is worried about how he is going to replace his and his wife's income. He just had a new baby in February (congrats Andy!) an...
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Hello all,so I found a 10 units building, that is apparently with 50% vacancy. Not much info except that it is listed with the potential GRI of $70500. it's listed for $450,000 (lol). Not renovated in a while. Roof se...
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Hi Guys,
I graduated college last year, and am planning to invest in real estate, but the issue right now is a negative net worth due to student loans.
Is it even possible to start out this way, or reco...
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Hello San Antonio investors! I have only been in the market for a few months, but I was super excited about living in a market that would allow me to invest locally. Unfortunately, every deal I analyze ends up in ei...
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Hello BP!I'm James Davis from San Diego, California. Actually I live in Chula Vista, CA which is a neighboring city of San Diego. I have no experience in real estate except owning my own house which I rented out for ...
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Hello BP,Often in my search for good deals, I get excited and can't think logically especially when I find something that is out of my usual criteria.I think I've found a good deal though.My wife and I were looking at...
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I'm seeing wholesalers here in AZ asking 80% ARV flat (no reduction for repairs). Even a light cleaning would take at least 1 month of holding + closing costs on both sides. Almost every "deal" that's hit my Inbox nee...
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Obviously a wise person would put away 6 months to 1 year of operating expenses for any property. Assuming that one did this, when following the 50% rule, is the property then labeled "self-sufficient?"
If this is t...
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Wow – great to be posting here (finally).When I left my job at the beginning of this year to invest full-time in real estate I never considered flipping single family homes, and wholesaling seemed shady. I never watch...
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Hi everyone,
I have what might be a basic question for the creative finance folks out there, but I appreciate the help in advance.
I have a contract in place to purchase a home from an owner who has offered to finan...