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The deal is a probate situation where the daughter has inherited the property from her mother. Upon inheriting the property the home was already delinquent by 12 months with a $70,000 balance. She says that she was...
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I always thought I did a good job of screening, gut checking, red flag observing – the usual seasoned Landlord stuff. My process:Credit check, criminal check, social security verification, former Landlord verification...
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Four years ago my wife and I took the plunge into real estate by househacking in the most dangerous city in America, and no @Joshua Dorkin it’s not Detroit. At the time we knew absolutely nothing about real estate an...
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Hey BP Community,I'm dipping my toes in the apartment water so to speak, and someone brought this deal my way.Here are the numbers:$1.2 million purchaseCurrent occupancy: 58%Units: 64Average Rent Per Unit: $550 (conse...
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Hello BP, My name is Joe, married and I live and work in Edmonton, AB, Canada. I stumbled unto BP a few months ago because I was interested in real estate and wanted to educate myself more on it. I now think it is tim...
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I know many on BP have voiced concerns over deflation and/or eventual "hyperinflation". I myself am more worried about stagflation.
I am looking at commercial MH investment properties, one 6 unit and one 8 unit. They...
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Hi guys, I would like to know how much should I offer to this SS deal, or should I even offer? While I am looking for my first SS store facility, I found this mini SS, located in the best part of town in which propert...
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Lately we are hearing from a number of operators who are talking about throwing in the towel when it comes to their seller finance operations because of the ever increasing level of government regulations. The interes...
I have just under $20,000 in student loans. I just started my first job in Ohio with an annual salary of around $35,000. I really want to start realstate investing but I feel like the student loan debt is hanging over...
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I'm looking at starting a direct mail campaign that would aim at absentee owners who own small multifamily properties in the Northwest Arkansas area so I can acquire a solid buy and hold property or two. The first pla...