Hey everyone, first post on BP but been lurking for a bit. I know many people on here have started their REI journey with single family and other small investments. Some "gurus" out there say to skip the small stuff a...
Ok for the landlords out there question.
I did math on a bunch of properties and saw in my area the only way to make positive cash flow on a property is that it starts around 6+units which is like 800k starting, and t...
Investment Info:
Single-family residence fix & flip investment in Sacramento.
Purchase price: $350,000
Cash invested: $50,000
Sale price: $415,000
It was the worst first flip because we hi...
I'm new to note investing and decided to take a learn by doing approach. I own some commercial real estate, ran a property management business for a while (ugh!) and owned a collection agency for 17 years. So distres...
I would like to read an example of some of you guy's creative financing deal structuring you've put together with no &/or little of your own money down. I'm posting this forum to get a better understanding of how ...
I spent a lot of time fixing up a rental, did all the work myself (with a friend), I considered the paint-job a work of art, apparently the tenant didn't think so, he not only primed the walls but also the trim now I'...
I have a seller with several turn key rentals he's getting rid of. I am in the process of putting 3 under contract and he is asking for 10% earnest money on each. I'm still fairly new to wholesaling but isn't that a b...
Often I have seen advice given to always reinvest off the properties you are acquiring, my simple question would be (and there may not be an easy answer) would you take cash flow and pay down mortgage(s) so you could ...
Fanny/Freddy have put special provisions in place to help homeowners and landlords. Has anyone read the fine print? Wondering if there is any downside to doing this for a few months. Even if your property is fully ren...
So quick backstory about me.. I have 2 rental properties on Long Island, NY and they're both located in the same town.
Property #1
-Legal 2-family duplex (2 units)
-Does not need to be owner-occupied since it’s a l...