Today I won two separate auctions for two foreclosed properties in Baltimore, Maryland. One for $12,100 and the other for $18,700. They both need work as well. To top it off Im using personal loans to pay for them. I ...
What do you do when you purchase a house, rent it out and then the market crashes and the house is no longer worth paying such a high rent rate to potential renters comaparing them to other houses but you are still s...
An investor who invests in a property with an 8 cap return for a hypothetical amount of $1,000,000 will earn $80,000/year in cash flow. IThe 8% return provides the investor a strong return which is about equal to ...
So quick story.. I recently found a duplex in my area (Long Island, NY) that was exactly what I was looking for for an investment property. It was in exceptional condition and needed very little upgrading, except for ...
I'm looking for recommendations for a future STR. Would prefer responses from people with actual, personal experience.Requirements:1. Single-family residence, not a condo or timeshare2. On the beach3. Cash flows.I'm o...
I knew that there would be good years and bad years and maybe a bit of something in between. I own a 3 unit in Chicago and cashflow about 350/month/unit after PITI. I figured that would keep me pretty well set.
When ...
I came to BP to learn how to buy multifamily property at a discount to either fix and flip (a la Nickerson) or hold for cash flow.
Obviously, BP is a vast, deep resource of knowledge and I have since been introduced t...
I have a nice 2 acre lot with a view in the middle of the Gatlinburg, Pigeon Forge, and Wears Valley triangle. I'm trying to narrow down what to build on it. I'm considering an upscale 4 Bedroom 4 1/2 bath Pool cabin...
So I'm convinced that MTM leases are superior for the landlord, but how do you go about advertising these? People still seem to be most comfortable with 1-year leases. Would you say, "Month to Month with possibility o...
I have recently restarted to look for a property with a new realtor.
I asked the Realtor to put in two offers for me.
One was 80% of the asking price of an IndyMac owned house that was listed for 196,000
The other ...