Hi everyone, Brand new to the forums, thanks for taking the time to read. I am a Canadian on the West Coast, looking into the possibility of buying in Rochester or Cleveland with a 30-40k budget. I would like to put d...
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My wife and I are getting started with investing in Birmingham, AL. We are planning to start flipping and transition over to long term rentals in 3-5 years. We own our home but don't have much equity built up yet so...
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View report*This link comes directly from our calculators, based on information input by the member who posted.
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Hello BP community!This is my first post so I first wanted to introduce myself! I have been listening to podcasts, researching, reading forums and BP books for the past year and would love your input as my husband and...
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I am currently looking into a 7-unit apartment building on RedFin.Location: Chicago IL, North Lawndale, low income, high crime neighborhood.Asking price: 450,000Total monthly rent income: 7162Well maintained (so claim...
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Good morning,I put a home under contract with the following terms:Cash no contingencies except personal inspectionBuyer pays all closing costs, including tax stampWhen I went to the tax collector, I found out that the...
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I've set out a path to buying a multifamily and have been trying to compile a list of mortgage lending options. I'll be on a call tomorrow with a mortgage expert. They're local, have good reviews, their opinion shows...
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Hi folks! I am new to the forum and have a few questions on 1031 exchanges. I have read quite a bit of information in the forums here which has been great but wanted to make sure I am clear on the requirements.I hav...
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Hello Everyone,Curious to know how you would handle this. I've been managing my own portfolio for quite a bit and am very familiar with situations where tenants are having issues with a/c, plumbing, appliances, etc. b...
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I have found a property that cash flows on paper, $220/mo after paying PM saving for repairs cap ex vacancy etc… rent would be $1000/mo
The problem I am having is its in a bad area and I’m working with limited funds ...