Hello, I have been studying Detroit real estate deals for few weeks now and they seems too good to be true with 30% cash flow after everything paid off and 100% downpayment. I am confused, what I am missing here. I un...

Hello everyone, this is my first post on BP and I'm hoping someone out there would be so kind as to asnwer a few questions I have. Before I ask the questions, I'd like to point out that I am a complete newbie to the w...

Hello,I have a friend who bought his first duplex and did some bathroom reno. The reno job was done by my referral and the cost is very friendly - like under 5K in Boston. He claimed that he will file the renovation c...

Along the lines of David Greene’s advice I’ve been putting together what I hope to be a “Big 4” team and I’ve found as I ask for input on potential single family deals from a prospective property manager that the mana...

I know of a development that just got approval in our town. This is not common knowledge. But I was told by the developer who is a friend and told me to get my hands on some land around it. How can I tie up some prope...

Just looking on mls website and wondering if condos and townhouses that have HOA fees are they good investments

Hi BP membersI am looking into a buy and hold strategy for cash-flow and Indianapolis are looks reasonable .I am looking at C+ abd B area SFH.As I look to build my Core 4 I wanted to hear experience out of state inves...

Hello guys, I have radiator heating with oil tank (above ground) in my home which I put on sale. It's been 44 days now and I have not gotten any offer. Most of the people don't give specific reasons for denying but gi...

Doing my first flip with two other partners and need to find out more info about 1031 exchange. How will a 1031 work between three people? 

Hello BP Community ,(Un)fortunately we viewed the house on a day with heavy rain and it had a few spots of running water from the basement walls (the seller agent is aware of the puddle of water as well).  I took a fe...