Hi BP! - I am going to start my RE journey in a few months. What is your opinion on the first purchase being the safest in terms of financial risk? For example lower risk A-B neighborhoods vs buying in a higher risk C...
Hello All - Newbie investor here, I have been studying and learning for the past few months and I am getting ready to make my first jump into the world of real estate investing. I am looking to purchase a multi-family...
i've saved 20k and I found a multifamily for sale, that when rented out fully, and renovated slightly in the one occupied unit could net about 1600 a month in rents for a 1300 a month mortgage. Though its in a bad ne...
Hi! My two partners and I are trying to transfer the title of our investment property to an LLC, while maintaining the same loan. For background, only 2 of the 3 partners are on the loan and title. However, all 3 part...
I am interested in buying a house that was foreclosed on by the bank. Either the former owner or a tenant is still living in the house. The bank says that I would have to do the eviction if I purchase the house. If th...
In 2007, I met Carol at our local REIA. She was 63 years old, living in a $1500 a month apartment in downtown Minneapolis, and beginning to fade financially. She had spent around $30k on getting a "eduction" in Real E...
I was saving for my primary residence , but that might take at least two more years of saving.
I have a opportunity to buy my second rental unit. (I have enough for that now)
I'm not sure how would this affect my ch...
Hello, I am based in the metropolitan DC area and looking to invest out of state as this market is very expensive and it's hard to find a good deal. Does anyone have any experience investing in the Midwestern states? ...
So after spending some quality time to resolve a clogged drain (hair) and replacing some worn parts our tenant's bathroom sink was working perfectly. Draining like a champ. We did not charge the tenant figuring this w...
I came across a vacant property a couple months ago that I am very interested in. I was able to look up the owner and reach him even though he moved out of the area. I spoke with him and told him I was interested in p...