5 units, that is!I am writing to share my story in hopes of giving other first time investors the courage to take the plunge into buying their first property! It is definitely nerve-wracking, but patience and guts ar...
Hi Folks,
I've been an avid listener of the podcast and looking to getting into investment properties this year. As someone who is new to investment, I had a couple of questions to the community:- Which location do I...
IntroductionOn 1/31/2020, I purchased my first two rental properties. One of which I just sold last week, on 5/27/2021. The following write-up is a detailed analysis on the numbers, from purchase and closing costs...
Hi All -
I am looking to buy a 3 flat and move into a unit for a year to be able to capitalize on favorable interest rates for a 'buy and hold' investment in Bucktown.
I ran the numbers on this property that I reall...
This is a HUD house and I just learned my bid was accepted this morning. I haven't actually closed on the house yet.How did I find it? This house actually came up on my daily search of new listings and price drops, ...
We paid cash for the home we currently live in. Wondering if it makes sense to get a mortgage on it and pull cash out to buy another home to live in or buy an investment property so we can take advantage of the low i...
Hello All!I'm a new to BP real estate investor in Baltimore with 7 rentals and am looking to grow my portfolio. I've come across a 2 unit property that I'm interested in that I'd like to get some feedback on. I've j...
Hey all
I am working with a GC that ignores the timeline and payment terms set forth in the contract and is generally unresponsive. Project is behind by 2-3 months for what was 5 month project. I was told that findin...
Welcome BP compatriots to my weekly "Skeptical Take" on all things real estate, coming at you live from Nashville, TN. Every week I write a brief, hopefully insightful, dive into real estate and financial markets, for...
As I consider adding another property to my investment portfolio, I'm wondering - What do you consider "good" cashflow for a property? Personally, I'm considering the purchase of a unit in an area I'm very familiar wi...