When you began in REI, how did you know that you were ready to make offers and look for buyers? Did you wait until you got a complete understanding of REI? Or did you just jump in once you had a basic understanding?
Hello, I'm trying to buy my first home to live in and the market is pretty hot right now in Newark. I was interested in a particular property, but I don't think its worth the cost of what they are selling it for aft...
After hanging around these forums for about half a year now, I've noticed that the word "Guru" gets tossed around quite a bit, and (understandably) not in a good way. It's a label that tends to be used interchangeably...
Hi everyone. I'm new to BP and new to REI in general. I'm looking to do my first deal and currently have an offer in a 6-unit multi-family house. Seller asking $140k with gross profit of $31k and net with $19k(w/o dep...
I have a property I rehabbed in NW Indiana. We've been fixing and flipping houses in the area for a few years, but this property is my personal residence. I did the work slowly as I had time over the last few years. A...
I thought it would interesting to share some recent experience we have had with some of these instruments. To that extent, an illustration of the pain that can come with working with an instrument that is not the...
- Section 8 tenants destroyed property, what repercussions should I take? -Sue HUD?
In keeping with the spirit of Halloween, what has been your scariest moment as a landlord or investor?
Alright, so this is my situation:
I have a team of contractors that are ready to roll as soon as possible. I've got a project manager in place (because I can only dedicate part time hours to the actual rehabbing p...
I got the duplex I even have a quick response from my craigslist post. Then reality strikes. I'm clueless.How much of a deposit?Do I charge a application fee so i can cover cost of screening? How much?Is there some le...