Tyler Brown
What's the catch with these properties that seem too good to be true?
Hi all,I've been doing some research into real estate investment for a while now and am starting to get serious about making my first purchase. My goal is to purchase a multi family unit for a monthly cash flow. Any...
Account Closed
Duplex Analysis
Need some insight from the tried and true movers and shakers here. Carlton Sheets need not apply.
Side-by-side Duplex built in 2006. Market rent of $650/side. Purchase price of $50,000 and max rehab of $3,000. Ba...
Matt B.
Building New Residential Multi-Family in Chicago
Hello, my name is Matt.This is my first time posting on this site. I am new to real estate investing, I know more about the construction side. I see many people buying multi-family buildings for renting out. I was won...
Becky Nichols
3 days from Listing and got a bad news call
Hi, so I've been here watching and reading for 6 mos now and after buying our first investment property Oct 15th we are ready to list! YAAA - and a big thanks to my hubby who did 80% of the work, he did an awesome jo...
Nathan Orr
Starting REI debt free
Hello all! Brand new to BP and looking at getting started with REI. It’s been an interest of mine for some time but never pulled the trigger on anything. I’ve been digging into all this a lot more recently. Probably b...
Tyler Johnson
Real Estate License in Oregon
Hi everyone.I'm brand new to real estate investing and the forums.I'm listening to the podcasts and I'm hearing over and over that it's a good idea to get your real estate license.I love that idea, but to do it, you h...
Mindy Jensen
What to do with the eye-wateringly ugly fireplace?
This is my fireplace. The mortar is dark grey, the rocks are called Moss Rock (I think) and the whole room is dark because of this space. The wood has to go, my husband HATES these rocks and wants to rip them out. I t...
Drew Petro
Car Wash Asset - What Am I Missing
Gross revenue of ~$75k, NOI of ~$35k, valuation based off 4.3x gross-revenue, not 5-7% cap rate. Better Cash flow monthly?My realtor called me recently with an interesting investment opportunity - a local car wash. It...
Thomas Kuebel
Home Partners of America
Does anyone have any experience working with Home Partners of America? I am working with a buyer on a VA loan who may want to rent to buy. If you have advice, please help.
TK
Lois Stern
Fair Market Rent ... means ...?
So, I'm looking at HUD's fair market rent for the area I just purchased a property in. It is a few hundred below what my inspector friend [who is also a landlord] told me I could get for the place. What exactly does...