Bought my first home for $88k, 8 years ago. Moved into a bigger home just last October but still own my first home with $74k left. I rented out my first home in October for $1000/month on a 1 year lease. Payments on t...
Long story short, I'm looking into my first foreclosure purchase to rehab and flip. This is all hypothetical because I don't even know if I'll be making an offer yet.
Potential property is listed with an agent I'm f...
A friend and myself are deadest on achieving financial freedom. We do not want to be forced to work for the rest of our lives and instead want to build our wealth starting early. We are both 17 years old and a Seniors...
Does anyone have any heuristics or rules of thumb regarding the price premium (or discount) associated with changing a residential, undeveloped lot to a commercial lot--assuming you can get the zoning change? I'm su...
I've got 5 duplexes in Jackson and Adrian Michigan that I own and am starting to look into transitioning to small apartment buildings, however, the cash flow doesn't appear to be as good (which goes against everything...
2 people. One has money to invest in rehabs but has no skills. The other is a contractor with the skills to rehab but very little cash.
What would be a fair financial arrangement for the 2 to partner in rehabbing?
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I was listenting to a couple of old podcast this week about how the housing market is getting close to the end of a cycle (one from 2015, one from early 16). Flippers complaining about the lack of deals and margins s...
I've been perusing the site for about a month now, and with where I'm at financially am leaning more towards the wholesaling aspect of real-estate to get started. I own two homes right now using the VA loan (maxed out...
Good Afternoon BP!
I am new to the investing game, started out listening to podcasts and reading up on REI earlier this year. I found out about BP through someone I knew from college and have been lucky enough to g...
I was just pondering my ability to become a personal hard money lender, and what might be required of me? Now Im not trying to Become a PML investor for another person's company, or use my Self directed IRA... Simply ...