We are in the process of buying our first official real estate investment! (YAY!!) We got the inspection back today; the issues are as follows: mold beyond the surface mold we originally noticed when checking the hous...
Hi Developers, I have my eyes on three adjoining lots. There are several examples in the city where an investor bought a lot, had the custom design completed, and then marketed/sold at the "completed" price point - bu...
I'm considering lowering my rents for the next 2-3 months only because of the strain that COVID-19 is causing. I am able to drop my rents considerably and still make the PITI payments. My number one goal in doing this...
This has been a question I've been debating myself recently, and I was wondering what BP's thoughts were:The situation: Your LLC owns and manages approximately 100 units within the same area. You have enough funds to ...
I've pondered this investment for 3 or so years now, in fact one of the condos was avail in 2012 and when I called to write the check/submit my purchase contract, someone had beat me by an hour or so and lost out.Clif...
Does anyone have suggestions on "line of credit" associated with land only?
I believe everyone here knows, that I deal with tax sale properties and due to the economy there is a lot of acreage being lost in this way....
Economic Update(Monday, June 29, 2020)
The economy turned the corner in May after the sharpest and fastest downturn in U.S. history, but further progress in recovering from the pandemic is likely to come much slowe...
I am reading the Millionaire Real Estate Investor, about acquiring a million in real estate, then increasing equity to one million, then to one million a year in cash flow. I am just curious how many here on bigge...
Risky and complicated for a first deal – should I do it?Hi BP community. I am writing with my first post, and I am writing at a time when I sense all of the hard work put in is about to lead to my first deal, on this...
We have a tenant on Section 8 in Missouri. Single mother. She wants to add her son's pregnant girlfriend and, in fairness to her daughter, her boyfriend. "To help them get on their feet". (We are not here to couns...