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Question for anyone investing in Memphis and focusing on section 8. I've managed a couple of section 8 rentals before, but I don't believe I was actually maximizing the rent. I'm planning on doing some BRRRR's but w...
Hi guys. So I’m about to become a general contractor and I have found a real estate development where I can get a 7,000 SF lot for $25,000. There are comps in the same development of homes selling for $250,000 to $350...
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Hi,We just had a very BAD rainstorm here in Michigan (oakland county). My house and 2 rentals had water in the basement, unfortunately I didn't have flood insurance (like 99% of people here it seems). The water has be...
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Not a hypothetical. Goal is to replace W2 income, initially.
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Hi everyone!Let me start from the beginning as this is kind of a crazy scenario! Here we go:There is a lady that I know that is a friend of a friend type deal. She's facing possible foreclosure (not sure how far behin...
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Would love any input on the best way to pull cash out of a property after paying cash. We like the ability to move quickly by paying cash but are concerned about having our money tied up.
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I visited a property today. I'm a newbie. Initially I wanted to wholesale to build capital to fix and flip and then develop. The combination of BP information overload, books, Brian Gibson, and deals that don't fit in...
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This is a FLORIDA related question. I usually stick to SFR's but now with the thinning inventory, I started getting into some condos. Recently I bought a unit on the county auction. It was the first note (no junior se...
What would BP members consider a reasonable management fee for a NNN property. Could be industrial or retail. Both properties have stable long term national tenants.
I own two properties with family members...
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what does this government bail out mean to us? Should I put a hold on looking at property? Should I stop trying to pay down my house? Should I consider pulling out the 25k+ equity i have in it already? What do you...