Hi everyone - We purchased a foreclosure a month ago and just completed the rehab. The last step was getting the oil furnace repaired which is responsible for heating the hot water (coil). This finally happened ye...
Hi Guys,I am in the process of buying my first investment property. It is a single family that was listed as a 3 bed 1 bath. It had a legitimate 4th bed (heat and closets present) and room to add a half bath with mini...
Hey everyone, my wife and I just closed on a rental property out of town that we plan to manage ourselves that already has tenants and we're just curious what methods for collecting rent are some of you utilizing? We ...
Hi BP crowd,I'm Doug Borchert, newcomer from Brooklyn, NY / New Fairfield, CT. I recently purchased my first buy-and-hold rental investment property on Candlewood Lake (in CT) this past October, and instantly got hook...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $441,000
Cash invested: $173,000
STR
Had some rehab, will refinance in a year and pull cash back out.
Wha...
I'm rehabbing an old house. I'm trying not to do a complete refinish of the floors. Two rooms with hard wood floors built at different years. The one has a nice shiny finish but the carpet pad left gooy spots. Goo go...
Trying to find deals that others don't see/ cannot figure outLocal property where seller is 'stuck' mortgage company wont let her out of the mortgage 106k left on it. She cannot sell it for less. Home is worth maybe 7...
Hey guys, been doing lots of reading, listening to podcasts on how when you first buy a property, you should be making money. What exactly does that mean? Should the property have renters in place already?
My plan i...
I have been coming across a lot of non motivated seller deals in Las Vegas and So Cal that are distressed but only discounted for the amount of repairs. This doesn't leave a lot of room for profit for guys like me wh...