We have a flip that we are doing here in Metro Detroit. We listed the house for $125,000 and have had multiple offers within the first week. We accepted an offer at full price with 5K in concessions, netting 120 (FH...
Hi All,First time posting, but long time reader here. I have an opportunity to buy a fully remodeled 3 bed, 1 bath for $64K. It is tax assessed at $94K. My intention is to hold the property long term as a rental. Avg ...
Wife and I are recent entrants into REI. Bought our first property last year off MLS and turned it into a BRRRR project. Now looking for our 2nd. Got a contract on a USDA foreclosure on MLS, but it's really borderl...
Hello BP Nation - I have a question about the use of a living trust from the perspective of a buy & hold investor. I am looking into setting up a living trust with an attached pour-over will for the purpose of...
What do you guys do for health insurance? That is one of my last security blankets keeping me at my JOB. I am 55 and fat. It ain't going to be cheap!!
Don
Love wins
Everyone has their most successful deal. The one he/she is most proud of. The reasons can be different: a special deal, financial success or a deal that was hopeless and yet you made it work. Mine is ...
I would love to take the first step. I’ve done a lot of research. I am recognizing that I’m falling into the paralysis stage of the process. I would love some stories about taking that first step financially. What kin...
I'm in escrow to purchase a 6 unit apartment building in Ohio and I noticed the sewer and water costs were 73% of the total monthly expenses. Is there a way to lower those utility bills? Perhaps I could pay to have a ...
In Dayton Ohio. I have 2 rentals combined value is approx 70K . Insurance is currentlyreplacement cost of 259600.00 with 1000K ded on each. Currently being billed for 1571.00 annually for both properties. I am being a...
I am envisioning myself with single family rentals, a multiplex, or complex in the next five years..Here’s the thing. I’m in this mindset that I should be saving money until I “have enough”. Is this the right strategy...