Bienes Raices
College students -- source of income
A college student called who wanted to see the place. I asked him if one of his parents was going to be the cosignor and he said no. I told him that I needed gross income to be at least 3X the monthly rent and he said...
Ben Capone
Unpermitted Multi-family Purchase Risks
I am analyzing some multi family properties and one of the properties is a tri-plex with two attached units that are unpermitted. Assuming this is likely why the selling price is lower than expected. Does anyone have ...
Shawn Connors
Subject To
Hey BP Family,I need a little help with my situation. I am going to look at a house tomorrow with a motivated seller. She paid 130k, she owes 95k and is asking for 115k. The house is in good shape but in a C or D n...
Kevin Wood
Houston, TX- 5 Properties- Kevin Wood
Followed the heading posting above. My 2nd post on this particular is not to ask for advice on a condo, but to share the first 5 properties my business partner and I purchased. All are located in Houston, TX. All are ...
Mike Henderson
New Business Plan - Denver, CO market
I wanted to post the first part to get feedback from people and the second part is my immediate action items.
Target Market: Anyone who has a house for sale, buying a house or a mortgage. LOL. I think these solu...
Joseph Weisenbloom
Accessory Dwelling Unit Houshack in Austin Tx
It appears the only way to make a househack work in Austin is to build an Accessory Dwelling Unit in the backyard. Prices are very high for anything with 4 miles of downtown. I'm thinking buy a rundown house in east A...
Lyle M Smith
Question about all cash short sale
Hey BP - Newbie trying to execute my first deal here. I found a SFR outside of Philadelphia that is being sold as a short sale. The property is in rough shape but is listed at ~40% of its ARV. I lined up a hard money ...
Bernard Pierson
Indianapolis Turn Key
Hi Everyone -I am thinking of investing in the Indianapolis market. I like the lower price entry point, followed by higher than usual cap rates and rent multipliers. My goal is to do cash-flow properties, not really w...
Jash Sayani
Buying investment property to rent
Hi,I am interested in buying a property in a city like Orlando FL, Miami FL or Ocean City NJ. They seem like good locations for value retention and the houses are in the $100-$120K range. If I pay 20% down and get a m...
Bill Gulley
DRONES
Drones!
You know, those smaller aircraft that fly with no one inside. Military drones were used 447 times last year against our enemies. They can carry various weapons to carry out strikes without putting our pilots ...