Hey guys,Just curious if you can help me analyze a deal. There is a condo that has been flipped nearby for sale at $78,000. Im going to offer 76,800. Below is my calculation. Is this accurate? Second question. there i...
WOW dealing with my first super high conflict tenant. QUESTION: Is there a law (I know different states vary) that a tenant must be given 30 days written notice of management change? Background: I just took over manag...
Hi,I live in the San Francisco Bay Area (in El Cerrito, in the East Bay) and would like feedback on my plan to get started in real estate investing. I'm looking for a way to lower my housing costs with this plan.The p...
With 10 properties, I believe I may be close to needing a property manager. That being said, after a review of the time spent self managing properties over the past year, self managing seems like the way to go. The c...
Hey Everyone,To start, I just wanted to list some brief information about what I am planning to do for my first property purchase. I just wanted to get some advice from the members of BP on my plan.I will have about $...
Hi BP,Yesterday I met with a client of mine that wants to list their mother's home. It's in a desirable area with limited inventory. The school districts are award-winning and within walking distance to elementary, mi...
Hi all! Long time lurker here. Looking for some feedback; what would you do in my situation?I live in Jersey City, NJ in one bedroom condo that I bought in 2009 for $140k. I put down $40k initially, and refinanced in ...
Hey BP,Long post, thanks in advance to whoever sticks it out and reads it through! If you don't want to read all the details. Skip to the bottom for the TL:DR! Background info- 1.Fiancé and I want to build wealth th...
First of all, I wish I knew what I was doing but as they say in the military, fake it till you make it, and that's sort of what I am doing. Anyway, to the point. I decided to buy a lead generating website this morning...
Hi, I have a mobile home on about 2 acres of land. It has been completely rehabbed with new AC, water heater, windows, flooring, paint, appliance, etc. It was made in 1999.Now I am trying to decide whether I should ...