My partner and I purchased a 13 unit property about 9 months ago for a million dollars. Comps in the area show the value to be around 1.5-1.75 million dollars. We got this great deal because of a great relationship wi...
Has anyone spent the $1,000 for the John Jackson lease option course? If so, I would love some feedback.Thanks.
Hi BP Community!I am eager to get started on locking in my first investment property and have questions on what my best approach would be.I own my home and have been making slow improvements to it over the last year I...
I took the 18 page report released by Trump's committee yesterday and summarized it below.
I hope we can all see the light at the end of the tunnel. It’s not going to be as easy as turning the light switch ba...
Hi Guys,
So I have come across a 12 unit apartment complex (6 separate buildings, 2 apts each (2 bedrooms) that Im thinking about buying and holding. They are off the market. and seem to need quite a bit of r...
I was just wondering if I was the only one that was having a hard time looking at a distressed property and actually visualizing the renovation or "make over" sort of speak. I think that maybe I just don't possess the...
MikeOH and some others talk about this 50% rule. I just bought my first rental property for 22,000. When I add up all of my expenses (tax, insurance, mortgage payment), I come up with 78% expenses compared to gross ...
Hey Everyone. My wife and I currently have over $700k in equity across our 5 properties. We were able to fund the down payments for these properties all through our personal incomes. Our goal is to continue to expand ...
@P from prior topic, use this to understand the capacity in your market and your best options. Never go with one offer. They have the power. Work in several towns and once and be prepared to make several options wi...
I'm looking at buying in an off market 4-Plex in Austin Texas using FHA financing where passing the self sufficiency test is iffy.In my calculations, 75% of the total rent covers approximately 100% of the PITI. Howeve...