I just wanted to share an offer I had from a seller.  The total sales price is $22,000 which is a fair deal for this small town in northeast Texas.  Down payment is $2,200 with payments of $348.45 for 10 years.  I ass...

I am looking to get a sanity check on the prices of some electrical work for a 3 family house in Boston. First, I need to completely rewire 2 of the apartments.   They are 3 bedroom 1100 square feet apartments with a ...

I would like to get members' opinions on this topic.  I have read many articles and forum posts about the 50% rule, but always find a large discrepancy between the rule and the actual numbers.  I am aware of accountin...

Though the title doesn't allow enough space to fully type out a bit more detail, it's not quite as simple as picking cash flow over appreciation. Consider these two scenarios and their risks and issues.Two scenarios i...

I'm new to BP and REI in general. I've been an agent for over a year in Utah and now looking to get some rental properties. I am reading a lot of books and watching a lot of webinars. A lot of investors talk about the...

Hi everyone I signed up for BP a few months back but life got in the way and so I am just now starting to engage and ready to truly commit to Real Estate Investing. My issue is that I have been reading various educati...

I purchased my current home about 2 years ago, it was a Short Sale.  One of the previous owners enclosed the back porch and the garage.  All the work seems legit but my problem is this.  Tax records in Manatee County,...

Hi all, first time poster that has just gotten into real estate investing. I took the plunge and am in the process of completing a short sale purchase. Waiting (for over a month now) on the bank to sign the contract, ...

Here's a property I've been considering

* 4-plex in Ontario, Canada
* Gross $23,760
* Asking $189,000
* Actual expenses: $7531 (3600 heat + 720 electric common areas + 1200 water + 2611 property taxes + 600 insurance...

Good afternoon,I currently manage a small three-member LLC with my parents. My parents have provided 95% of the capital funding up to this point and have let me roll with things in terms of making executive decisions ...