Roselynn Lewis
What could go wrong?
Say, I purchase a small distressed apartment complex for 500k that is valued at 600k. I renovate the apartment using an equity line (Is this a good idea, in terms of the source of funds?) My goal is to renovate the ap...
Lisa P.
What's wrong with turnkey?
Hello, I'm very new to BP but have been doing a lot of reading of previous posts, particularly about turnkey properties. I live overseas, and am considering investing in a US property. From what I can tell, turnkey ...
Breanna H.
Owners Financing gone wrong
Good evening! Let me just jump right in on this. Recently my partner and I got involved in our first owners financing deal. The numbers sounded to good to be true, so of course, they were. The seller had no idea what ...
Devin James
Update - Everything Went Wrong
Everything went wrong with this investment:
- Took 4 months longer than expected
- Cost $10K more to build than we anticipated
- Sold for $20K less than we anticipate...
Account Closed
Name spelled wrong on Deed, Address is Wrong. It used to be right
My mother recently passed away leaving her home to my aunt and I as joint tenants. On 5-2-16 someone filed a "affidavit term of joint tenancy" to take my mothers name off since she is deceased to make a clear title. P...
Account Closed
Name spelled wrong on Deed, Address is Wrong. It used to be right
My mother recently passed away leaving her home to my aunt and I as joint tenants. On 5-2-16 someone filed a "affidavit term of joint tenancy" to take my mothers name off since she is deceased to make a clear title. P...
Brian Johnson
Am I land lording wrong?
Hello All!My wife and I purchased our first duplex ~4 years ago, and overall it's been a pretty good experience for us. We bought a place that was in great condition for the most part so we have rarely had to deal wit...
Daniel O.
What could possibly go wrong?
What Could Possibly Go Wrong? A Cautionary Tale for Newbies and Not-So-NewbiesThis post is intended to share some observations gained from more than a decade as a real estate investor, and to offer some words of cauti...
Rousner E.
What’s wrong with the 15th
This may seem stupid but, what’s wrong with having rent due on the 15th or any other day? Is there something I’m not thinking of.
Kobi Walsh
What am I Doing Wrong??
Hey BP, I'm looking into a 455k 11% cap turn-key 7 unit fully managed off-market property in Southern Chicago, and I'm trying to figure out if I'm doing something wrong in my analysis. The property is in a C grade tre...