Hi everyone. To start REI my “plan” has always been to start with the house I live in. The house is titled in me and my dads name but the mortgage is in my dads name only. I have been paying the mortgage for 17yrs now...
TL;DR - First investment property is a major rehab. Good idea or bad idea?
I'm looking at a post-WW2 house that hasn't been occupied for roughly a decade. No running water, no electricity. I am in talks with the br...
Effective May 5, 2022, Hayward will become the latest CA jurisdiction to be able to enforce the following: ”…Any person, social host or property owner shall be liable for any unlawful use, discharge, or display of fir...
Hi allI am trying to purchase my first rental; I was pretty decided on SFR but recently found out I can get a better rate if I consider more units.I am very familiar with the market here in Texas for SFR, but how do d...
Anyone plan on attending any real estate related events in 2021 (virtual or in person)?
I will be attending the Multifamily Investor Nation Summit in January 2021. Great way to start off the year and there are some a...
Hi All!
I'm looking for advice on how to proceed next.
I'm trying to find an out of state investment property for about under 300k (lower the better of course).
The markets I've narrowed down is Fayetteville NC, La...
Good afternoon BP,I am seeking some advise to get started in BRRRR investing. I am hoping someone can offer some advise on how to approach my first deal, and hopefully subsequent deals, financially, using the scenario...
I wanted to get thoughts on this deal in Iowa:6 unit side-by-side townhouses. Each 2br/1ba. In C neighborhood with minimal opportunity for appreciation. Price: 170kRent: $500/unit for $3000 a month = $36,000/yr.2018 e...
Hi BP! I hope ya'll are looking forward to a great Labor Day weekend! Here is the scenario and numbers for a property I've purchased at auction and I'm struggling to figure out which is the best play/course of action ...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,200,000
Cash invested: $60,000
Seller financed collection of 5 short term rentals & two vacant lots in...