Hey everyone, I am new to the BP Forums, but have been listening to the pods for a while now. I'm 23 and live in Chicago and am want to buy a duplex/triplex/4-plex to live in and rent out the other units. I have been ...

Hi,A few years ago I purchased a 7 unit building with seller carrying the mortgage with 2% interest for 3 years that ends with a balloon The price was $310,000 and I put down $30,000. I made a mistake of not getting a...

I live in a small town population 5,000 and I bought an old house and old church.    The church is next door to the house and is located on a busy street in the heart of town.  It's a historic building and the locatio...

My name is Isaac and I am currently a junior at Marquette University, living in Seattle.  This is actually my second introduction on the platform and simultaneously an honesty post:I first became fascinated with real ...

Hello BPMy name is Ariel and I'm new to BP forums. I am 29 years old, a TOTAL newbie on REI, never bought a house nor invested in one, and I work full time as a chef.I'm here to seek advice from experienced investors ...

Novice here, looking for investment property (no rentals) w/in 6-10 months.Areas of interest in Central NY - West, South, and North-West of Syracuse, and East side Auburn.Question:First time home owner; to buy first f...

Can't sell our residence in MN and are forced to rent it. Cash flow is break-even or slightly negative if I rent it out. Can you help me understand the tax benefits?

Monthly outgo: $840 PITI + $110 Property Managemen...

I've run the numbers several times, changing different sections to see how it would affect the deal. I just want to get everyone's input on it. If it were you, would you buy it?
So here's the details.
6 unit build...

If we have learned anything it is, no one is special. The confines of sensible business even extend to oil "rich" markets. They broke the buyers of their oil. Now we try not to buy their product no matter how cheap it...

Husband and I started on our first flip in January. I thought I was prepared.  Had done a lot on research on internet.  We spent first couple weeks emptying house of boxes and general trash. First mistake was we start...