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Many opportunities in the Metro Detroit area where you can buy a house for pennies on the dollar. Cheapest in the nation. What are your thoughts ?
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Hello BP, I currently live in a home I picked up Sub2 about 2 years ago. The goal was to buy it, live in it while fixing it up with some sweat equity, and sell with no capital gains tax. Find a new place creatively, a...
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Hello BP! I've been a pro member for about 6 months now and am proud to announce that I have officially closed on my first deal - a duplex! The gameplan for this thread is to chronicle my progress through the rehab,...
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If there was one golden nugget; one tip, you could give that would aid in the long term success of a new real estate investor, what would it be?
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Listening to @Brandon Turner's webinar on BRRRR, and his first example looks like this:Buy house for $70,000Rehab: $30,000Closing costs: $2,500Total cost: $102,500Appraised after rehab for $141,000Refinance: 80% ($112...
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Hi everyone, my name is Jack and this is my first posting to bp forum! I've been actively browsing the forum and today I pulled the trigger and upgraded to pro. Anyways, here is my question, if I want can pull togethe...
I see Cleveland come up a lot for investors out of state. It makes sense when you see the prices are relatively low and rents are relatively strong for those prices. I invest there because I live in Ohio and grew up...
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For those of you that think we are back in a bubble: Have you sold any of your places into the 'increase'? If so, where did you 'park' your cash?My issue is that between my wife & I we have sold 3 houses this ye...
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What do you want to achieve in 2021 and how will you go about doing it?
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I have a rental property that has a market value of $1.5M and $300K mortgage on it... The 10 year ARM is coming to maturity around 7/17, but I can't find a lender that still does that type of loan anymore (TIC for ren...