We are thinking about renting our 3 bedroom apartment to a family (2 parents and a 20 year old child).  The family just sold their house and received approx $200k from the sale.  Seems like they moved out due to finan...

Hi BP family!  I have been reading and absorbing lots of fantastic info from this great community, and I have learned a lot from you all.  Time for me to give back.A quick story about me, I love real estate.  I just l...

Hi all,
I've been trying to find updates of the 1% rule and whether it's working in 2024, specifically when you're using a mortgage at 80% LTV, 30-year mortgage. Looking at rates today, if I were to buy a property fo...

I need advice! I own a upstairs/downstairs duplex in Denver, purchased in October. The upstairs rented out quickly in November and we have a 6-month lease with those tenants through May 31. The downstairs, it's a gard...

Howdy BP Fam!I am in a dilemma of whether or not I should pay for a somewhat local coach (hour away) to hold my hand through my first year of investing. Here's the details:I met them (two partners) at a local REIA, ex...

There are people purporting to be experienced "syndicators" who have marketed themselves very well, but they lack operational experience. Many "syndicators" have been unable or unwilling to find their own deals and so...

1724 sf4 bed, 2 bath1 StoryNo GarageListed Price $66kOffer/Purchase Price $70kOriginal Estimated Renovation Cost $31kFinal Renovation Cost $36kARV $140,000Sold $143,000Closing Costs at Purchase $4,600 (including $1500...

For those that saw my first BP post yesterday asking if you would allow chickens, and if so, what you would charge for a deposit...I met said applicant today. When I informed her that there would be strict guidelines ...

The thought of buying cash flowing rental properties interests me. However, I'm from Long Island, NY and cash-flowing deals are very hard to find. I'm considering purchasing out of state but don't know which markets I...