Being new to REI, I read blog posts almost every day and soak up podcasts to increase my competency. I hear resounding calls to act and warnings against "analysis paralysis". One of the recommendations of Brandon Turn...
I’m 18 years old and I’m trying to get into wholesaling real estate. I’m running into the problem of providing POF’s. How can I go about this? I know grabbing a random POF’s letter is consider fraud, etc. I’m not gonn...
I have an 8 unit UC, closing in a couple weeks. Just had it appraised and the appraiser had no rental data or cap rate in the report. Im concerned mostly, because i plan to refi in 6 months, after rents are raised and...
Hello, BP community!I am putting together business plan, and as a stage number one of it I am considering flipping land - acquiring raw land and creating a project for a house with all the plans and permits, ready to ...
Investment Info:
Other commercial investment investment in Huntsville.
Purchase price: $45,200
Cash invested: $8,700
Purchased 2.54 commercial acres zoned C2. In Phase 1 construction which will inclu...
I have been trying hard to try and build my fathers real estate portfolio. He buys SFH with cash and let’s them sit. He knows it’s not the best way to utilize his income, so he’s open to other ideas.I have been studyi...
Hey All,I know there's been a lot of posts about podio in the forums and I haven't been able to nail down exactly what I'm looking to do yet in the posts that I've read (there are a LOT so perhaps I missed it).If ther...
I am buying a new personal residence and would like to add a 2 bedroom rental apartment. I can either add it over the garage or put it in the basement. Both are doable, with different costs. It would be a full apartme...
Current numbers- Annual Taxes: $2,007 - Unit 1 ($500)- Unit 2 ($500)- Unit 3 (currently vacant)--but i'll add $500 to the total for anticipation of gaining a future tenant- House ($750) total: $2250- Ask price: $...
Hello, this post is an update to my previous post : To summarize that post: buying a house for ~$250k w/ a 30-yr fixed rate loan, will try to lease it out for ~$2k a month, monthly expenses are ~2.2k a month.The fixed...