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Just closed on our 7th rental on 2-14-2020. The property is in Melbourne, FL. For the last year, I was having a hard time justifying market prices in our area and how thin the margins would be on properties I was an...
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Hello everyone,I just wanted to share some of the difficulties I am encountering in obtaining home insurance estimates. I've e-mailed about 10 different insurance agents last Sunday and only 1 got back to me. She prom...
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Hello,I’ve been searching for a real estate investor club in the Covington, Mandeville, Madisonville, Louisiana area but it looks like the only thing on BP and from what I’ve googled is in the New Orleans and Baton Ro...
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Hi BP,I am interested with buying properties on auction.com. Does anyone know how this process would work? Let's say that I successfully buy a house on auction.com, would I need to reach out to an agent to finish clos...
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Hello everyone,I wanted to get a little opinion on a deal that i could be closing on next month. It is a owner occupied multifamily but i will be moving out after a year and converting it to a full investment property...
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I have a property in a tough area under contract, and my attorney has told me that occasionally liens on the property may not show up for 3-6 months after the close of the property, which would leave me (or my llc) re...
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Hi,
I want to buy a single family home as a longterm investment. I already own a nice home and I have around $300k in short-term CDs ready to invest. I like the idea of earning rental revenue far more than the stoc...
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Alrighty, I'm in a bit of a pickle folks. I went under contract for my first Duplex yesterday, with the intentions to house hack. We can get into the numbers further into the post if anyone's interested, but the reaso...
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I've been looking around for some time now and I keep reading about cash flow of 100 dollars or less per unit per month. Is it worth the effort ? Here is my situation see what you think..I am looking at REI for maybe...
Hi Everyone,I recently found an off market deal and will be touring the property on Thursday. They are asking 150k for a 2 unit that needs some rehab. I have a realtor but i assume since the deal is off market they wo...