Bought my first house a few weeks ago planning to buy & hold it. The original budget was 14k. It would've been a marginal flip (I projected I would've made only $9k if I flipped it today), but the rental rates ...
Hello everyone! I`m in the process of buying my first rental property with tenants living in the house. What would be the things to do before closing escrow when it comes to inhering tenants in investment property? An...
I’m an 18-year-old aspiring investor with a goal to build wealth in real estate. I’ve decided to start with rental arbitrage, given my tight budget. I’m focused on tourist-friendly areas (Bay Area, North Tahoe and pri...
Hello BP,When looking for a Property Management Company, what are somethings that you should definitely be looking for, what are some questions you should ask, and what would be some red flags that would make you say ...
I recently spoke with several friends about investing in defaulted mortgage notes and they had a negative response. They didn't explain why specifically, just that "they'd heard Notes were a bad investment". This does...
What are your thoughts on investing in “bad neighborhoods”?
I’m currently looking into the Detroit market. I’d like to follow the BRRR model but not sure where to start. I have been looking on the north east parts of Detroit and West. Would hope to find these numbers:Purchase:...
Hi All,I have been buying and renting homes for the last two years. I have been a member for about that same period of time, I have always looked at the posts and listings and have responded to several of them have co...
So, I have been on the fence about making a weekly "Journal" about my progress in REI. But, I have decided to do it, and if people don't like it, I think it will be interesting to read in a few years. (for myself)
Bu...
I read a recent article today. Wanted others thoughts on it.Mortgage Home Loan Crisis