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Well this was a long time coming, but I finally did it. In October of 2023 I was able to close on my first property. I will include numbers below. What happened after that....an immediate eviction. Luckily it wasn...
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I am preparing to do my first absentee owner direct mail campaign and this is the letter i have come up with.
(Subject’s name)
Street
City, state zip
Dear (subject),
I am writing you, because I am interested in pur...
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We have been getting people complaining that we only leave 1 full roll of toilet paper on each of our bathroom toilet paper holders. We also leave one roll of paper towel and we have 4 bathrooms so there is 4 rolls an...
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Greetings everyone,So I’m one week to closing on my first home. I’m purchasing a Duplex with a 203k FHA rehab loan (Property 275k). 1. The first unit needs repairs, nothing major (Estimate 27k). Second unit is occupie...
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I need some advice on securing a loan for my first property. I'm hitting roadblocks with lenders because I'm a new company, and private lenders are telling me that I haven't borrowed substantial amounts in the past. D...
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Hi Everyone, I am David Logan, a Software Engineer from Auckland, New Zealand and I am currently looking into what REI is all about however I have no background in Real Estate nor does anyone in my family. I do know t...
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I recently joined BP couple days ago and I have been listening to podcasts for around a week now and love them! I am currently working on my electrical journeyman license for MA and have been working in the trade for ...
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Spoke with my tax adviser. I was told that I can’t claim home office deduction as an investor.She mentioned that I can only do it if I were a realtor.
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Folks - I need your help on something. When exploring buying through an agent in Memphis TN, i am running into the following challenge. One of the lenders I talked to said the property has to be in a good condition fo...
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I NEED to start creating cash flow, however I keep getting stuck when it comes time to get funding...
I have all these questions:
1-should I concentrate on my first flip or should I just start with one ...