Hello All,It's been a long while since I've been on the forums, but I have finally decided to get serious with purchasing a duplex this year. My apartment lease is up in August so I have set a goal to be in a duplex b...
When you have a seller with a dilapidated house that is worth 80k as is, and you're offering them 40k, are you really doing them a favor? I understand the idea of unloading their burden.. but realistically they are be...
Hello BP community! Hoping you guys had a great new years, I wanted to make my first post of the new year and first post in general! My names Sebastien and I'm 24 years old looking to jump start my career into rei. I’...
Hey guys - just getting into rental business. When you are buying a condo for rental purposes what are you looking for? I know 2% is a good rule (as in if it costs $200k it must generate $4k). In the market where I am...
Hi Everyone,I am feeling pretty discouraged and wanted to vent and see if anyone could offer me some advice- please!!
About me: I am a newbie buy and hold investor in Northern Virginia, long time lurker, and recent p...
Appraiser ask what we purchase property for. So I get a text from a guy doing the appraisal on a property that we done an extensive rehab on and we are getting ready to refinance it. He wanted to know the exact date a...
Hello All!
I'm hoping to dip into the collective wisdom of BP and get some input on my high-level REI plan, below. Any and all comments, suggestions, and clue-by-four-ing much appreciated!
WHAT
Go...
duplex for 400k price, profit will be $3250 a month, cost $3100 a month. Is $150 cash flow worth it in anyone’s opinion?
I spend a decent amount of time lurking here but rarely post. That said, I thought I'd share my recent Mobile Home investment story. I was looking to buy some mobile homes last summer for cash and then flip it as an o...
So I'm sitting on about 1.4 mil in equity right now. Projected to be nearly 3 mil in five more years. But let's say I have some hardships along the way so I conservatively figure I'll have 2 mil. I could retire with m...