Hi everyone,
New to the forums and going through the lender approval process for a multifamily (aiming for a quadplex). This will be my second home purchase, but it'll be owner-occupied. I'm getting FHA interest rate...
Hello,
I have owned a 1972 built, 40 unit apartment deal for little bit over a year now. It's a typical C property in a working class C+ area managed by local property management that deals in multi family. Our ave...
Hello BP,I hastily made an offer that I think is a little high by maybe $5K to be competitive in a competitive market. I did due diligence after and saw a good amount of recently sold similar properties lower (a few h...
Hey all,
I’m looking to get involved in REI and gain my FI slowly and methodically. Out of state markets are showing much better numbers than local areas. Curious what experiences (good, bad, indifferent) from those ...
Hello BP Team,I'm an out of state investor looking to purchase a cash flowing property in the Charlotte area within the next month. My question is: do I really need a property manager for my first rental property?Than...
Im a newbie, so I need some pro advice.
I have noticed some potential low cost rental properties in my area for purchase. They are a little run down, but they currently have tenants. There are also some higher price...
I currently have a rental property for sale. I spoke to my accountant about doing a 1031 exchange. His advice was pretty simple. I can pay the known tax rate of 15% today or hope that the tax rate doesn't increase and...
Hey all,
Here's the situation. My business partner and I submitted an offer on Wednesday last week for a SFH in San Antonio. The sellers countered and we accepted on Thursday. It is our first deal as partners.
...
I've been looking around the houston area (Pearland and Cypress specifically) to purchase my first house. I was "pre approved" for a 250k house. I'm worried about "location, location, location". i want to eventually ...
Hello,I am Marcus. I have a plan to turn $4M into $5M in 3 -5 years while still allowing myself to gain profits as well. I have included an outline from my Executive Summary below. It is done here in 7 years but it is...