Andrew Basom
Alternatives to parents selling childhood home
My parents are on the verge of retirement (unfortunate timing) and I'm trying to think outside of the box for them with their current retirement strategy. Right now they own a 4BR/4BA home in central PA as their prima...
Alan Pederson
Has the feeling gone?
We're closing on our 4th rental tomorrow. We've bought one each year since 2015. When we bought the first one I was so overwhelmed with excitement and terror that it was hard to sleep for days. Would I fail? Would I s...
Lucy Rowens
Is there any hope for success for a 64 yr old with mental challenges?
I'm anxious to do my first deal but don't know where to start. Wholesaling seems the easiest and quickest way to make my 1st deal of at least $10k+. I have no cash buyers but have found lots of SFH where the asking pr...
Leah Spurlock
Inheriting tenants with varied payment dates
I am buying 11 houses from a retiring investor in which he collects rent at different dates for different tenants. He knows when they get paid and has always collected on dates when they get paid. Ideally, I'd like ...
Justin Walker
Beginner to real estate
Hello everyone, this is my first post on BP and I hope to post more. I am a full-time college student in Scranton PA and I work part-time. Through investing in stocks and saving I have accumulated a little over $7k wh...
Jim Thorton
What would you do in my situation?
Hi-Over the course of the last couple of years I have pieced together the beginnings of a financial education. The birth of my daughter made me realize that I don't want her to begin her "working" life with student lo...
Pat Ayres
Flips & What's a good profit?
Hey everyone at BP,I am working on my first (non live-in Flip). As it stands now with rehab costs, holding costs, Closing costs, & paying the buyers agent, I will net out at $33,000. Since I am not flipping as an ...
Jay R.
Horrible start for first timer!!
Hello BP Community,I've recently bought a 3 family complex and everything started off well. I was getting rent checks on time, the house was fine, then everything took a turn for the worse. I had to file a Pay or Quit...
Carlos Rodrigues
Mortgage Loan Declined
Good afternoon BP! So I have bad news, if you read the title to this post, my mortgage loan for declined. I've been working with Movement Mortgage, and they send all my documents over to underwriters to get a pre-appr...
Michelle Shriver
12 Unit Multi-Family - What are the things to consider?
The seller is asking $749,000 for this property, the tax assessor has it at $627,100, I've analyzed it at $600,000. It needs some exterior work, and what appears to be a minimal amount of interior work. I've only b...