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My mom is selling her home and I am considering becoming the buyer for two reasons: 1) She would sell it to me at a much lower price than another buyer. 2) I can see how I can take it and turn it into a profitable cas...
I have plans to consult my attorney, accountant and insurance agent, but would like any input from people with experience. My wife and I currently own 3 single family rental properties that we manage ourselves. All 3 ...
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Hello, I am new to investing in rental properties with little to no money currently, as I am coming out of college. I would like to move to Florida with a full time job and build 3.5% of a rental property using my fha...
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Hello BP,My mother and I want to do a vacation rental property in Pensacola FL, I've figured out I want "tiny" houses on a waterfront lot (inland on canals). My mom is dead set on Pensacola because its just far away e...
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Investment Info:
Single-family residence private money loan investment.
Purchase price: $20,000
Cash invested: $7,500
Investment Property #1
3 bedroom, 1 bath. Single-Family house.
- Purchased thr...
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First time poster/investor here!Stationed overseas, but a house on my mom's street just came up for sale. Listed at $88k with a contractor bid for $140k for a complete reno to bring up with two comps for ~$250k. There...
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Hi All, I stumbled across this site while browsing for real estate advice in Atlanta. I've lived here my whole life and would like to purchase a house soon. Financial situation: I'm 28, make about $60k/year. I have $1...
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Hi, folks!After tons of hours of reading, watching and listening to everything real estate investment related I decided to finally get my first investment property. However, I still cannot decide what should be my fir...
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Hi, new-newbie here! First, I’m so excited to be in this space and for what RE holds for my future. I recently started binging BP, Rookie podcast, books, YT, all the things. Currently in a field I’m unhappy in and I f...
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From what I understand, the tenant pays for all maintenance, insurance, etc. But what does the investor pay for? If a new tenant comes in, who pays for the remodeling, new roof and such?