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Hi folks - I'm new to BP and to REI in general and am looking for some advice as I get started. I purchased my SFR back in 2007 (what terrible timing!) in Los Angeles county and plan to continue living here for the ne...
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Some of Miami's condos are like 4 times more in value than they were in 2009IN Asuncion (Paraguay ) real estate prices are 5 times higher than in 2010 (500%!!!)I am just looking to buy in a Market where prices are go...
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If I was to put in a very low offer due to the fact that the listed property has had no written offers in 2 weeks how would I structure that?Example: 100k property with an offer of 60kI know that's a large spread of 6...
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Hi all...I am a newbie so sorry if someone feel that this kind of questions has been answered before:
I have a REO I am looking at right now...it is in a prime area and under normal circumstances the real price of the...
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Hey BP,How much do you budget when getting an estimate from a contractor? Once again, I’m in a situation where I’m spending more money on my contractor who is over his estimate. (Shocking, not.) I’m sick of being hose...
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I’m a big fan of cash reserves. The covid outbreak has only emphasized this. The problem with cash is that if you have any form of debt it literally costs you money to hold cash. To get around this I have a big line o...
All,
I have been watching the housing market for the last few years and it has always been something I have wanted to dive into. I have owned other businesses and I had clients that owned rental property. They gave m...
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I found this property on Auction.com which has a stated starting bid of $367k. The unpaid balance on the loan to the lender is the same 367k. But the going price for a SFH in this neighborhood is around $600k.Since th...
Hey everyone, I am looking to buy my first rental property, I have found a property and have run some rough numbers on it and it seems to be a sound investment. However, with this being my first deal, I wanted to get ...
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Is anyone able to get to the 1% or 2% rule in Canada? If so where? And how recently did you purchase?