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Hello Every one. I was offered a Short Sale already listed in the MLS in an area that I am interested in, but Not sure if I should do this since it would be my first deal ever. The List Price is $305,000. The Comps...
Hi Guys,We did our first deal before I come and read much about REI in BP. I used different calculators, But in a long run is it a good deal or not I'm not sure. The property located in northern suburbs if Atlanta. He...
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Hi,We only own one investment property at the moment. Its a triplex in the town I grew up in. I understand great property management is an advantage to be succesful in real estate. I know I am not a great property ma...
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I bought my first property in November of 2016 but did not have any income in 2016. Can I still claim my expenses? Trying to use H&R Block software but it will not let me enter 0 days rented in the interface so I ...
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Hi Guys,
Just wanted to ask if members would share how long it took to get to the second deal and what vehicle they used to make it happen?
I'm closing on my first deal on Monday and I'm already thinking about the n...
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I introduced myself when I first joined BP a couple of years ago but very quickly lost touch after making some life changes, so I figured a re-introduction was in order. I'm Chuck King from Bessemer City, North Carol...
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Hi every one i have been on the site for a while now but just as a reader. I have found a property in my area that my wife and i want to pick up.Here are the statsOwner financed note of $170000 at 6% for 30yrClosing ...
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In addition to asset classes, geographies, and operators, your diversification strategy with your passive investments should also include business plans. In this article, we’ll discuss three different business strate...
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I am looking at a property that is in an excellent neighborhood and the upkeep is really well done. It does need some interior updating but nothing I can't do myself with my dad. Here are the details....Price - $300,0...
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Should I expect to pay 10 percent for PM? If you use a PM company for multiple properties are you getting a break at some point? Like 3 SFH? 5? More?Are there any red flags to watch out for when screening?Thanks for y...