Hi,
I am starting in the real estate investment world in Mexico City. I have enough cash to buy 1 apartment, but I am deciding if it better to use loans to acquire more than 1, maybe 2 or 3. What are the benefits o...
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In the past, I was told by my local bank that they would not finance anything under 50K on a residential mortgage. Is this the case at credit unions? I called a few today and was told their lending minimum was 30k b...
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Hi BP,I just wanted to see what everyone thought of the question regarding month to month leases or longer term (1 year+) leases in lower income areas? Do you do month to month to avoid evictions? Thanks!
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Hello, Real Estate Pros: I am a new member of BP and Las Vegas resident. After 12 days on the market without an offer and no showings, I think the problem is the price—too high for the neighborhood. With our Realtor's...
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We are in a seller's market but no offers after 3 weeks. We are selling a 2008 home, and competing with new homes $20k more expensive.To be competitive should we: 1. Update our property (ie bronze fixtures like new ho...
A property we are looking at for a rental is "rumored" to have had a tenant that was making meth in one of the units. We are going to do a preliminary walk through because this property checks a lot of boxes and has ...
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Hey BP Community,I'm finishing up a rehab on a duplex and have another under contract. So far things have been going well; these are my second and third properties, and my primary residence is also a duplex. I belie...
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I'm working a deal with friends of mine. They are in a "must sell soon" situation since they are having a hard time making their payments. At the same time, they are trying to stay as long as possible since they don't...
I’m brand new to investment properties. I’ve been researching properties in my high priced market. I am looking at properties in lower income areas to BRRRR. Properties are fairly low priced and easily renovated into ...
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How long do you wait before considering to lower rental on a listing?