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Hello all, My wife and I are looking to invest in our first multifamily home. We're currently in the early stages of the process (i.e. haven't talked to a lender). We both have good credit scores but unfortunately due...
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Hi All,I want to know what your investment rules are for buy and hold investments, specifically SFRs. I know about the 1% rule, 2% rule, the 50% rule etc...that's not what I'm asking about. I'm trying to figure out ...
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Hey all have my first MF deal I'm working. It's a D property in a B+ to A area. Long term owners who haven't managed well. Not updated at all. Lots of value add here. Numbers: $700k purchase on 2 - 4 unit buildings (8...
Hi everyone, as I am getting ready to start sending out yellow letter I have a couple of questions.
#1
If I don't have good handwriting would it really have a negative effect on my results, I was going to hand write ...
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I'm curious if anyone would mind sharing a step-by-step of what you do when you go to meet a potential seller for the first time. How do you dress? What is the first thing you discuss when you walk in? What parts of t...
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First post guys! My question has to do with higher risk renters. I recently purchased and improved a property, and listed it for rent. The response has been very good, with several interested renters. The problem ...
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Hey guys, I am a senior in college and would like to start buying properties for renting and to get my foot in the door as a local real estate investor in my area. I have read many real estate books, visited my local ...
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Hello! I would love to get input from the BP community on this. We are working on one of our first flips, and are trying to find that sweet spot on amount of renovations to do - most bang for our buck and time. We ...
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Hello,
I am looking to buy my first property and employ a buy-and-hold strategy whereby I'll rent a single-family home to tenants (cash flow positive). I am looking at homes in the $70k-$90k range in Raleigh...
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So I have come across a "deal" in which seller financing is an option. However, I am not sure about the numbers, and would like to post it to the BP community for some guidance. The seller is straight forward, and w...