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Hi all - so some good news, I am officially pre-approved for a mortgage so I can begin to check out some properties (in VT) with a realtor once I select one! I'm not entirely sure I've got what I need for down payment...
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I just closed on my first rental property today in Grand Rapids, Michigan! I have a property manager, tenants lined up, a small list of easy touch-up / repairs to do, and cash flow from day 1. With the help of the BP...
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My fiancé has been kicking around the idea of leaving her current job and becoming an real estate agent. Can any of you tell me some of the pros and cons of starting out as an agent? How is it the first couple of ye...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $122,500
Cash invested: $35,000
Second duplex purchase with intent of it being BRRRR #2. Purchased in May 20...
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Hey gang, novice investor here looking to gain some wisdom.
As I understand it, Tax Liens pretty much take priority over ALL other liens a property may have against it EXCEPT for IRS liens. My question is, how do yo...
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BP Nation! Looking for you to come through again!I was given an off market deal in the Houston, TX MSA. Based off of underwriting, the deal pencils. What are the implications of sending in an LOI and going under contr...
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Hello I’m in need of some advice. I’m selling a 1960 duplex. Buyer did a specific sewer inspection and found corroded pipes with root intrusion under the concrete and the quote was $40K. Buyer is asking for a price co...
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Easily the worst house I've ever been in.... I could only stand inside literally 5 seconds before running out. I couldnt get true before pics because I couldnt handle being inside, throat burned, eyes puffed up and tu...
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Hi BP,I just had brand new tenants moved into my upper duplex and everything has been going great. Today they texted me telling me that they are very nervous about the ceiling which has some large cracks in it and se...
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Tons of flood homes on the market here right now, but most of the ones we're looking at have been mucked and remediated prior to being listed for sale (though I'll still spend the $500 to 1K to have them certified mol...