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Hello BP community, I've been busy soaking up BP Money podcast but was first introduced to BP by YouTube as I started exploring the world or RE Investing. I am a high school mathematics teacher in Dallas, TX, but ta...
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I'm having a tough time deciding what I should do with my rental unit. I want to take some cash and start investing in multifamily properties.It's a 2/2 Condo in a highly desirable location.Purchase Price: $97kOwe: $6...
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I am purchasing a 4-plex that already has 2/4 units occupied. However, I will be spending upwards of $75K to completely rehab the place and bring in a new clientele and rent level. Does anyone have experience doing th...
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Investment Info:
Single-family residence fix & flip investment.
Cash invested: $40,000
Sale price: $515,000
This was a relative's home that we were able to renovate to make the house more appeali...
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Hello,
I am scheduled to close on my first 22 units in the next couple of days. The existing property manager is staying on during the transition and part of my business plan is to streamline the collection of rent p...
OK, I am absolutely going to show my ignorance, but I've never heard the term wholesale with respect to real estate. Someone please explain this to me.
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According to this article from Vice News it's the worst place in America to be a tenant. Here's a link to the article. Very sad listening to some of this. I have mixed feelings about it because of hearing about pro...
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I wanted to use the brrrr method on my homes. Question I have is do I need a job to be able to refinance my first home? How do I approach the cash out? I've never done this before. When I refinance, do they give me ca...
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Hi guys. I'm new to this. Im moving to Miami this summer and wanted to buy some rentals anywhere in Florida. Any recommendations for which cities have the best price to rent ratios? Single family or multi-units.
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Greetings! Curious to know how the investors on this blog research local areas for investments. Items such as the macro economics; net migration, income growth, job creation and more difficultly the soft areas which s...