Hey BP, what are the best cities/areas to invest in Florida? I am a new investor still looking for the right market to narrow my focus on. Any suggestions would be great. Thank you!
Hello BP Family,
So recently I closed on my first rental. Used an FHA to purchase got tenants in within the month. I’m currently looking to acquire another deal. I want to be able to fund this one using OPM if possi...
After the thread by a certain member here talking about selling junk properties to owner occupants and how much of a favor he was doing them because landlords rent properties in even worse condition I thought I'd shar...
Ok people. I'd like to begin to get some ducks in line for some commercial property investing later this year. There are a few low income areas nearby that I'd like to buy a property in this year. I know there are hea...
I'm curious to get feedback on whether it would be worth the expense to install a 2nd boiler / hot water heater for a small duplex so the tenants can be responsible for their own gas usage. There is currently one mid-...
Hello, I am currently a (new-ish) Realtor in the PA area. I have had an interest in rental properties for quite some time, but I am nervous and still feel unprepared to own/manage being a high quality landlord. I rece...
I am in the process of getting my first residential deal, and just making sure I’m not doing something wrong. I think my realtor is and just trying to sell as quickly as possible. Duplex in VHCOL city listed at $849,0...
I am trying to determine if there is an industry standard profit margin for real estate investors. Is there a standard percentage of profit that you look for when evaluating a deal?
i.e. When evaluating a deal, al...
Which method of creative financing is the best for a new investor? I'm sure it varies from person-to-person so I want to provide a few details of what I am looking for. Non-owner occupied loan that is either (1) a BRR...
How to properly figure out cap rate on an owner finance deal? All my houses are owner finance. It's pretty simple to figure out so I thought....My first property I bought, I figured it like this: purchase price: $51,...