Hello All,
My name is David I'm 24 and I'm new to investing. Looking for a little advice on what my next couple of moves should be. I have a couple of things in mind but I still would like others opinions.
First off...
Hello,
I now own 9 units via 3 duplexes and 3 houses, and I would like to make the jump to a 40+ unit apartment complex. I want something big enough to pay a property management company as I already have a full time ...
Hi BP, I am still trying to acquire my 1st buy and hold. I found a quadplex (4 units at 2 bedroom/ 1 bath each) that is in a C+ neighborhood. Here are the numbers. What do you think? Purchase price: $69,000$17,000 o...
Hi All,The recent tragedy of the realtor that was killed while showing a home serves as an unfortunate reminder of the potential risks posed by door knocking. I never go alone; I usually take my sister. Even though...
Hi BPers,
Here is a question that I am not sure has been asked yet
I recently found a distressed seller who are in the middle of divorce and have agreed to sell their house at a reduced price and via a land contrac...
I have a dilemma with my contractor on a duplex flip. The current situation is he is off the job because on a health issue. He called earlier this week asking for more money in order to meet payroll. My fear is he wil...
Just heard about a friend of a friend who is using a HELOC with the intention of paying off his home quickly. The basic idea is that you use a HELOC to pay off your original mortgage. Then instead of having your free ...
I am attempting to lay out my financial path to semi-retirement (i.e. leaving my current w2 for something less time consuming/more enjoyable) within 10 years or less.I can identify my family's spending now and what I ...
Hello allFirst i want to give perhaps a little background on myself:-I'm 22 years old and i have just graduated college with a bachelors degree in mechanical engineering from a university in the metro Detroit area. -T...
Hey guys,
Here is an example of my first deal I am looking to do. I mainly need advice on which route to take with my GC, who is my father in law.
I proposed to him 2 scenarios. and he suggested a 3rd.
Initially ...