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Hi all. We're new to real estate investing and getting ready to look at a 4 unit locally. Great community, top schools, upscale area. They're asking 325k (price just dropped 15k). Stated gross income is $41k per year ...
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Backstory : we entered into a deal that guaranteed us payout over a year ago. We've tried to be patient because the guy we're doing the deal with ran into a bunch of permitting issues. But it's been 2 months since he'...
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Hi BP Community!!I finally found the right place to post this....I'm working on a deal right now in Memphis, TN and I was wanting to get some opinions on this. The property is in Memphis in Hickory Hill, 38115 and for...
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This might sound a little silly but I was wondering if anyone else saw the traditional Monopoly board game as somewhat educational and maybe even a bit motivational for real estate investing? I played the game tonight...
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So my wife and I live in Northern Virginia (NOVA), and we are looking at moving out of the area in the near future. Due to the nature of our professions, we will very likely be back sometime in the future, and the way...
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Has anyone else read this?
Housing: The one bailout America could really use
Definitely interesting. From the article:
"On top of the 2.5 million homes that have already fallen to foreclosure since the bubble burs...
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Since I was on a soapbox on a different thread here, I want to give my opinion on Arbitrage. Recently, Eric Moeller who is running an Airbnb success type business, has abandoned the Arbitrage model in favor of a c...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $480,000
Cash invested: $24,000
Purchased using a 5% down conventional loan. I bought this home and lived in it w...
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Hello Everyone,
Here is an article I put together a while back detailing a very basic understanding of the sales comparasion appraisal method (in other words, how to read and understand sales comps.) Enjoy.
[si...
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I fairly new to the real estate game, I have some properties and I doing ok for a start but I am having some problems organizing myself properly any advice how I can best organize, maybe some books? Any ways appreciat...