I'm just starting out in the real estate world and am targeting buying a low cost rental property in the midwest. I own a small, remote business and live in Maui, so I will not be able to manage the property (and hope...
Hey BP,
I’ve decided to try my first flip, and have had an offer accepted on the property. Its not a great deal, and will not net huge profits, but let me know what you think.
House- 51,000
Closing (est) – 1500
...
Hi BP fam. I'm a 32 year old licensed GC in southern Cali. I'm looking to invest in my first property and would like to hear your guys' thoughts. In my mind this is a no brainer but what the hell do I know. I have...
Is it common to have to offer way under asking to make the numbers work or am I looking in the wrong market? Please note that I'm mostly exercising my ability to run the numbers. So the example house may simply be a b...
In the past month, I have sold properties for $15,000k and under that sat in so-so areas (ROI potential though is over 25%), properties that needed tons of renovation, but for some reason I can't sell a property that ...
I have a multi-unit in a class A neighborhood in Chicago (Lincoln Square - 60625) that I am wrapping up a large rehab on right now. The property is on a remarkable block and the units really are fantastic - we've take...
I've noticed that some people like and want 2, 3 and 4 plexes, but never understood why. What do you think? I understand that there is just one roof and one exterior, but also that SFRs are much easier to sell, a...
I am interested in investing in vacation rentals, but I'm not sure where to begin learning. Can anyone advise on books or other information that has helped you gain knowledge in this area? Any advice or help is apprec...
Hello all!I have in investment property in SC with a tenant who has 20 year experience as a property manager. I started working with a RE salesperson in the area, but so far her only value is providing MLS listings, ...
526 harwood street, Joliet, IllinoisDuplex x2 (2 bedroom 1 bath), electric heating, window a/c (bottom unit doesn't have a/c), no garageThe current tenants are paying $2,200 total for poor conditions. Both tenants do...