Our General Contractor is requesting a 28% downpayment upon signing the contract for rehab work, prior to any work being started and he claims that he has been doing this for decades and never had issues with that bei...
Hello! I just moved into a new market and bought 3 low income doors. 1 Single Family flip in a D neighborhood that is just on the other side of an A neighborhood1 Duplex that is 15 years old in a C area that is coming...
28 ways to build a buyers list
1. Craigslist.com - You look in 3 different places on Craigslist. First you check Housing, "real estate for sale" in you...
I want to get into rentals for some passive income, but I travel 6-10 months out of the year and cant manage them myself. I am intrigued by Turn Key rentals. Can anyone give me some of your personal opinions on whethe...
Many have argued/claimed here on BP that cash flow on residential properties is of vital importance and investors can not put food on the table with appreciation. I disagree. Once you have built a business with many r...
I am confused on this topic and I would like some input. I am going to acquire a few long-term rentals over the next few years. All properties will be acquired with a mortgage. Initially, I was sure I was going to cre...
At the beginning of each year I take the time to research and reflect on various markets throughout the country so as to provide a road map to my acquisition search for the year. As an active buyer of apartment compl...
Looking to make my first offer on a multi. This is an 8 unit, C-D class, concrete block in Florida. Half the tenants are section 8. Five tenants have been there for 10 or more years. One tenant has been there for 23. ...
I am just starting to acquire rental property and curious what others consider the minimum cash flow requirements for deal analysis. Per month and per unit, after expenses and debt service. Also, self manage or pay p...
I had a contract with the seller. Put it out there and found a willing buyer that I've never worked with. We signed an assignment contract and I gave him a copy of the contract. I always feel funny about giving a n...