One of the ideas perpetuated by many of the Real Estate Investment "gurus" is that once you buy a rental property, you continue to hold on to it. This may be the right approach at times. After all, your fixed interest...
Hi all,I wold love some feedback valuation on a small park i am considering;9 spaces on 4.25 acres outside city limits, 3 tenant owned homes with lot rent @ $160(below current market of $250)3 park owned singlewide ho...
Good morning, I really appreciate any constructive feed back. I just bought a property in PA with tenants in it. I didn't ask to have them out (big mistake) They where not paying market value rent and only electric a...
Hi everyone,I am trying to buy a house. The closing cost for the house is about $52,000.00. I have asked the seller to do the whole $52K (3%) but she refused saying that she can remove $50k from the price of the house...
I closed on a property a couple days ago... It was supposed to be a good day, but turned out to be quite frustrating, and a bit more expensive than it was supposed to be. I was working with a lender who promised to ...
Hi,I bought my first two rental properties when I was 21 years old. Since I was still studying and did not have a fixed income at the time I had to negotiate a 17 year long loan & 2.85% fixed rate interest. Althou...
I am working on getting a new rental in the makes. So far, these are the photos I have, they are older, and I am getting a walk through soon.To give you a little bit of the background, this is in a decent location. Fo...
Hello BP'ers-
I would love your thoughts!
I am a real estate broker living in a resort mountain valley in Colorado (Vail). It is an interesting place for flips because prices are super high but often buyers (second ...
I don't want to brag, but I do want to break down how I made $700k BRRRR'ing 7 houses so you can copy it.
Just over a year ago, I purchased 7 properties from a landlord who was focusing his efforts on growing his new...
Hello BP Family, I’m under contract for a new construction home where the market value has increasingly gone up in the last few months, and my realtor is sure it will get appraised for more, is this a good thing or a ...