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Here is a deal deep dive that I wanted to share:The property is a a former bank building that is now a Vet office. Cap rate is about a 7%. The deal was financed with $280K in cash and the rest using a home equity li...
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I am a teacher so I'm off work for the summer, and I'm focusing 100 percent on growing our REI business.I got two off-market houses under contract last week -- a fix and hold, and a potentially lucrative flip. Great n...
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HelloNew to hear so perhaps this is one thats been answered a lot.We will be closing on our 3rd rental property in a few weeks. - 1 SFH that was our original primary that the mortgage is underwater on so we kept and r...
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We are thinking about renting our 3 bedroom apartment to a family (2 parents and a 20 year old child). The family just sold their house and received approx $200k from the sale. Seems like they moved out due to finan...
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Good morning BP,Thank you in advance for reading my post. I have over the past 10 years acquired 23 doors consisting of sfh and duplexes throughout Florida. Right now I'm working on a 40 unit about 4 hours from me whi...
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Hello,I am becoming interested in possibly investing in hotels/motels in the future. I have been reading that the mid to higher-level properties are valued on cap rates just like apartments. I have seen a few on Loo...
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I’ve been using the same realtor for my last 4 rental properties. Each deal has gone well as a buy and hold investment. He has recently approached me about a buy and flip deal that is currently off market, and he says...
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Just who does the Federal Deposit Insurance Corporation (FDIC) and the National Credit Union Association (NCUA) protect? Everyone feels it is their own savings that is being protected. Not so! The FDIC is actually set...
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Hello! My husband and I are looking to purchase our first investment property. We are not from IL but I am currently stationed here with the military. I wanted to know where good areas are to invest with a steady cash...
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Hi, I'm struggling to make a SOUND first RE investment, and wondered if I did the smart thing today or blew a great opportunity. I'm too green to be sure:
After looking at what land parcels in the same town were goi...