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We are closing on a foreclosure that we are buying through a wholesaler. The “owners” of the house claim that they were not aware that they had to move out and say they made an agreement with the wholesaler (who he th...
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I recently had a post about my goals for 2020 and I have seen a good amount of people posting that their goal is to find a mentor. I am curious as to why so many people have this goal along with ideas and approaches t...
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Hi everyone this is my first BP post! I just recently purchased my first property, it is a 3 family in Worcester, MA. My question is, if I am living in one of the units and renting out the others should I be cashflow ...
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Hello! I am working towards closing on my first 3-unit home. I will be living in one and renting out the other two. I'm looking for some advice on what tools are must haves for the small stuff that comes up. Also, any...
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Hello BPersI’ve been looking for a mentor for a while and finally found a multimillion dollar investor here in the DFW metroplex(4000 doors)and he offered me a full time job as construction manger for $12/hour as a st...
First of all thank you in advance for your time and willingness to listen and share your ideas, suggestions, positive critiques! I also apologize in advance for my noobness.
I will try to keep the story brief and ge...
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Hi folks, I am running numbers on a SFR here in Spokane using the tools here on BP. To make the property "cash flow" positively I really need a loan with IR of <4.25% and obviously the lower the better. I have good...
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Hi all,
I am excited to get into real estate investing. I purchased my first property, a triplex for 500k and will live in one of the units. I have ~200k saved up and would like to build a portfolio of properties. Ho...
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Hi there! I'm a new investor from NYC looking to invest in New Jersey. My husband and I have started the process of looking at properties and analyzing, making sure the numbers work. Our goal is to house-hack our firs...
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Hi,
I am working on my first deal, the idea was to get the property under contract and do a back to back close with an end buyer who could handle the repairs. We got the property under contract for 57.5k and we are t...