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I am new to REI and have been practicing analyzing deals to get a feel for my ideal price range and rent targets. I am getting no where close to the 2% rule and rarely even hitting 1%. I realize these are just rules o...
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Hey BP,During to foreclosure boom in Las Vegas we never staged a single home we sold and it became very obvious that what sold a property quickly and at the high end of comps was the quality of the finish. Because of ...
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We have recently completed a 3/2 SFR in Milwaukee that was interesting in many ways and I thought I could share pictures and some of the lessons learned. We rehab properties for our long term rental portfolio - BRRRR ...
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Hello BP community,I am part-time dedicated to Real State Investing. I have 2 years’ experience in the raw land Development, lots subdivisions and construction improvements.I want to find people interested in investin...
So I have one income property only so I’m new to this. It’s a detached duplex so basically a mother in law suite. 1/1 with laundry unit, their own electric meter, water meter and tenant pays all utilities. I’m in brow...
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Hello all,
Newbie Real Estate Investor looking for some advice on purchasing a home in 2024.Currently leaning towards a Multifamily purchase (Maybe Duplex or Triplex) using the new 5% Fannie Mae Loan.DFW is continuin...
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Hello everyone. My husband and I met in the Coast Guard, married and just had our first baby. We are 25 and 24 yrs old. I used my VA loan to buy a 4 plex in 2020 and still own it today, it cash flows about 2k. My hu...
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Hi everyone,We just closed on a triplex - and are of facing those same issues of inherited tenants... i.e. below market rents (by about $400,) questionable histories since we didn't vet them ourselves etc etc... but b...
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Hi, I am a mid-40s, full time software developer in the Boston area. Instead of letting our saving depreciate in bank, we would like to invest them in real estate to combat inflation while we can create extra cashflow...
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Pretty motivated seller wants to sell his old home to move to his new home. Here are the numbers:
Asking - 200k (way too high)
Owes - 165k
FMV - 170k thru 185k
He has tennants living in the home now but I don't kno...