Nathan E.
FL Condo Deal, Would You Take it?
I have a verbal contract for a 2 br 1 bath condo. This is my first investment property purchase so I am analyzing the heck out of it and looking for advice from the experienced community.
Purchase Price: 65,...
David Varvaro
Fix and flip investors pulling back in LA?
Just curious to see what most Los Angeles area investors are looking for these days. I've noticed a significant change in the demand for fixers in the LA area over the last year. A year ago, you could list anything th...
Patrick Philip
What to include in rehab houses?
I plan to rehab many and am trying to streamline the process. Questions:1. Where should I put carpet and where should I put tile? 2. What appliances should it include?3. What are standard colors of interior and exteri...
Steve T.
50% rule on SFH
Hi all,
Looking into purchasing an investment property. In my home market, I can get into a little 2 BR SFH for about 60-70k that should rent for $650-700 or so per month.
Here's what I don't get. Using the 50% ...
Mark Resnick
Trenton, NJ
Hi Everyone,
I am new and looking for a place where I can buy an investment property to rent out. I was told Trenton, NJ is a great place to get good cash flow. Can anyone tell me more about their experience owning t...
Corey Smith
I've gotten my feet wet. Now what?
I want to bounce my situation off of any of you in the BP community that are willing to read it and give an opinion. I became interested in REI two years ago this month, when I found BP and read Rich Dad. Over the fir...
Robert Steele
Is the housing market cooling?
Is it just my imagination or is the residential housing market here getting a little soft? Looking at the stats everything still looks good. Only a couple of worrying signs.The percent of original price didn't get qui...
Lang Le
Starting bid price in a Trustee Sale auction
Who establish the starting bid price (minimum bid) in a Trustee Sale auction ? Is this price relate to the mortgage balance ? I see a case where the mortgage balance is 350K and the starting bid price is 200K. What ...
Mark Douglas
Can I Stop Looking for Deals Now?
Obviously, there is some sarcasm there. Generally speaking though, there seems to be the consensus that in the next 2-5ish years, there will be some sort of market correction.In that same breath, it seems like there ...
Tracey Corea
Sell and 1031 exchange to a better market, or hold?
My current tenant is buying a home and vacating in 3 weeks. I’m weighing whether to sell and 1031 exchange into a different market, or stay the course and get a HELOC in place as soon as we turn it over (in preparatio...