Do you recommend...1. continuing to grow slowly by acquiring 1-2 properties each year. 2. start paying off properties. 3. go all in buying 1 property per month?
Hello BP community,
Is it me or do the sky high valuations on homes seem similar to the run-up during 2006-2007? It seems like the market is due for a valuation correction, maybe relatively substantial (10-20%)? Eco...
Hello BP community,Ok, I posted on here 4 months ago asking about my first rental property I was looking at purchasing. I'm back on here to admit that I went into real estate investing with no education about real est...
I was told all these wonderful things about how I would get my money back for the work I put into the home. Ahhahhaha, no, that's not the way it works. You got repairs and you got improvements and only the REPAIRS c...
So you've got some tools and an eye for design, and you want to put your skills to the test in one of real estate's hottest trends: flipping houses. There's a lot of information out there to help get you started, from...
Hello BP community! I am looking to buy my first rental property. My goal is cashflow. I want to buy a multifamily property, although my local market (Houston, TX) isn't really known for having a bunch of 2-4plex pro...
A Menards just opened in my area. I've heard about this store for years, but never had the chance to go inside one. They've been mailing out flyers like crazy and seem to have good deals on stuff. I currently buy most...
Here’s the deal.
I just got my offer accepted at 132,000 on a REO that the seller is Fannie Mae. Inside the Purchase Addendum it states that I can not sell the property for more then 162,000 within 3 months of closi...
Every day I spend some time in the morning getting up to speed on the latest state of the real estate market by reading various news outlets, listening to economists, looking at data around inflation/inventory/rates, ...
Trying to figure out the best way to close this deal. It's a package of smaller mixed use properties in Newburgh NY. 8 buildings mostly brick 36 units. The gross income is close to 300k expenses 100k. Purchase pric...