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Hi everyone, I am new here and new to RE investing.
I intend to buy and hold turnkey single & multi-family rental homes. I am still trying to learn all I can before pulling the trigger on my 1st purchase.
One t...
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Like I said earlier, I purchased my 1st flip at auction yesterday In FL! Pretty excited(should I be?)
details:
Winning bid - $47,700
Rehab - $20,000
ARV - $85,000 minimum.
Thoughts? Was this a good deal for me.?
Th...
"Houston is the only market that's is already looking dangerously close to collapsing."
Personally, I feel collapse is a strong word and a bit alarmist. Interesting chart though, I like the blue Phase 2 section.
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As a realtor who specializes in 2-4 units I have first hand noticed the actual NEGOTIATED NET PRICES have fallen now on the 2-4 units. We are getting deals contingent 15-20% below comps from 6-12 months ago. You will ...
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Hi,I'm new to investing and looking to make my first purchase within the next two months. I work 100% on the road right now, jumping from site to site around the country every few months, and I'd like to invest in a p...
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Hello BP!My fiance and I have owned an owner occupied duplex in Los Angeles for the past two years. It has appreciated about 36% in that short amount of time. We want to buy another 2-4 unit multifamily rental. We we...
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Hey everyone! Obviously we all love using the BRRRR method to supercharge our wealth in real estate, but what are some downsides that you guys can think of that a newbie should beware of? I have a solid understanding ...
Has anyone bought property in Turkey before? First time buyer. My wife is from Turkey and the exchange rate is at an all time low. We're looking at brand new 2BR/1BA apartments in a major city for $40K that we'd pay i...
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Hey all investing newbie here. Me and 2 other friends are looking to get started on our real estate investing journey. We each have funds that we would like to diversify. We are currently looking at single family home...
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I haven't seem to come across this topic, unless I've missed it so I'm going to post it. I'm 20 and I'm just starting out in the rehab business. I have 6 going right now. I guess I should explain a little bit of backg...