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So, we had another thread going for a couple of weeks here. And this is not yet a success story, since a lot of work needs to be done to make it a success. But, today, @Sam Grooms and I closed on this 98-unit in Phoen...
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Investment Info:
Single-family residence buy & hold investment in Pensacola.
Purchase price: $62,000
Cash invested: $8,000
Sale price: $160,000
Small townhome in a higher end suburban neighbo...
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Hi,
I have noticed that CoC metric is almost always negative when I put 3.5% down payment.
Keeping all other factors same and only changing down payment from 3.5% to 20%our CoC gets a lot better.
With that being ...
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I am in the position to go green aka electric thanks to solar, the numbers all make sense to move in this direction. My net out of pocket expense is roughly $14K, finance it with a low payment, and rapidly pay it off....
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I was the highest (not winning) bidder on an online auction. Homesearch.com called the next day and said that my bid was "waay off the reserve price", so it must be forwarded to the bank for review. The representat...
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Have 2 friends - one starting with $100K in retirement funds and the other with $25K in savings - both looking to get to $10K/month in income as fast as they can. Both have jobs, consistent income and good credit scor...
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Just got a call from a tenant parent and the January electric heat bill was $1100. In past years the highest it went was $800. The heat is all electric baseboard with one room with under floor heating on slab and o...
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What is one thing you've added to your lease that may not be in the standard lease that has prevented a problem you had from happening again? Not looking for the specific wording unless you'd like to share, but the "...
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Appetizer (skip to the Meat and Potatoes, if you want to get to the point)I’m requesting specific knowledge on the red tagging process, permits, and inspectors to try to save what was supposed to be a new family busin...
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Hi guys n gals. So right to the point. I had the M5 for a while and it was good but it was expensive. I want to hear from members of the BP community. I'm a wholesaler.... new but educated. Has anyone here used inves...