Ryan D
Buying a Bank Owned Property
I am interested in purchasing a property that was recently bought at a sheriffs sale by the bank. Any advice on how to approach the bank/start negotiations? Do I need to bring in my attorney this early in the process?...
Scott J.
First time buyer status gone if I own an investment property?
Hello all,So I'm in a bit of a dilemma here. There's a property for sale at a good price that I think would be a good opportunity to start the REI journey with. I also want to buy a house to live in for myself and tak...
Dante Ritchey
2024 Tax Reccomendations
Hello everyone,My brother and I got our first multifamily back in August and are starting to think about good old taxes. Do you have any advice when filing / a good CPA that you may have used in the past local to the ...
Adrian Hunt
Investing with 5k
Hello all I am new to this site, it seems great so far. I have 5,000 i want to start out with investing in Land or Real Estate, what is the best way to start with this small amount. Are their real estate groups in th...
Hannah Stephenson
Why can't I sell my flip!
We bought a home in one of the nicer zip codes in our city, in the top school district at what we thought was a deal. We put a significant amount of money into the house and have received excellent feedback on the ren...
Joey B.
Supply and demand and feeling guilty
Hello BP,
First time poster! We are a military family that has picked up a few rental properties along the way. Our area was recently affected by Hurricane Michael and demand for housing SKYROCKETED!!! I previously h...
Andrew Magoun
30 yr or 10 yr fixed?
I own a property property outright and am looking to do a cash out refi of it. The property is in an LLC but is a single family. In talking with different local lenders I have two options:Option 1: 30 yr fixed rate at...
Scott K.
Michigan prices are going up
http://www.detroitnews.com/article/20140317/BIZ03/303170101
wow this is why I am getting killed out here trying to get some properties. People are bidding way over asking in the Detroit Michigan area
Ian Carter
Washington DC Basement Digout/Underpinning
Hey there,We just purchased a townhouse in NW DC and are looking to convert the basement into a one bedroom rental. With ceilings of about 6'7", we are looking to digout and add at least 4-6 inches, if not 1-2 feet. I...
David Lund
House Hacking or House Flopping?
Hello, my name is David and recently I’ve been drawn to the idea of house hacking. After doing some research in my area the cash flow analysis does not seem to be profitable. For example, duplexes are ranging from $24...