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I need some advice on whether or not to take a deal... My husband and I are in the market for our first home purchase. The goal is to buy our first property, then a few more that cashflow, and eventually replace our ...
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Hello BP Folks! A month ago I closed on my first rental property and I am already feeling the pains of working with a lackluster Property Management company.I purchased a new construction SFH in Northern Dallas throug...
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Sooo... I've started doing mailings and the phone is ringing. I've got some (somewhat) motivated sellers. What I'm finding is that when I ask them what they think their house is worth or what they are looking to get -...
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Since the pandemic hit in late March, many are not sure how they feel about staying at hotels or short-term rental platforms such as Airbnb, Vrbo, Booking.com, and Tripadvisor Rentals. Airbnb, with 7.7 million active ...
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Has anyone done this? Any advice?I was thinking about doing it in a nearby city. BUT - I wouldn't feel "right" marking up my product so much that it wouldn't be passing appraisal (which happens a lot with memphis inve...
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Newbie here! I’m about to be a first time rental property owner. I’m considering having a property  management company run it for a while until I learn the ropes or indefinitely. Thoughts? and how should I go about...
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Hello all,My name is Alan and I live in Shrewsbury MA. Tax-achusetts as we call it here. Other than my current home, which was also my first purchase, I am relatively new to the real estate world. In June of 2014 I ju...
seems like i'm getting less emails on replies in topics that i've posted in, and less new topics to comment in as well...does anyone else think it looks like activity has slowed down a bit lately? i could be wrong, b...
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HUD just accepted my, what I thought was, TERRIBLE offer on a property! Yikes!
Now what?!
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I was hoping to get as much input as possible on my first deal
reo
purchase price- 300k
down payment- $10,500
fha owner occupied 3 unit
$1050 a unit gross rent
$2650- p.i.t.i,
vacancy rate- 4%
low maintenance, built...