Someone please explain to me how to create my first cash flow property...I'll use easy round numbers to simplify. I pay $1000 per month on my own mortgage. I have 100k equity I can access for a HELOC. I open a HELOC f...
A n00b contacted me about the numerous "great deals" he was seeing FSBOs offering on their condos throughout Florida. As a resident of the Hurricane Sunshine State, I can tell you it's Fool's Gold. The assessments. ...
One of the first flips I bought had laminate flooring in the living room, and hardwood throughout the rest of the house. I didn't like the laminate, and wanted to replace it with hardwood, but knew I'd be doing a lot ...
I have created a substantial amount of capital through the stock market and want to transfer to real estate. I was wondering if anyone knew if there is a way to transfer without paying capital gains tax. Is there an e...
So I tore up some carpets in this house and found some wood flooring underneath that seems pretty salvageable. Whoever rehabbed it before us was really sloppy with their paint job and left paint all over the floor, an...
Hello, My name is Kyle Robichau, and I have recently moved back to the Houston, TX area and looking to invest in small multi family in the area.I have one deal under my belt. Last March I bought a foreclosed house in ...
Hello BP members,I would love your feedback please: I have a rental unit that I listed with very promising agents, had the contract reviewed by my attorney - Yet something feels wrong.This is my second time leasing ou...
Hi All!I live in Connecticut and came across an investor privately selling multi-family that cash flows well in Windsor VT. It's about 3 hours from where I live and with the lack of good deals on multis in CT I am ser...
The idea in apartment complex or hotel searching is that you need to find something that you can immediately improve (then probably refinance).What should you be looking for exactly that lets you know you can improve ...
Current property investors in Maine, do you find that the 1% rule is a good indicator for our area considering the cost to heat and remove snow that is incurred during the winter months? I’ve started casually browsing...