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I know it doesn't mean much until you get the check in hand, but I did get my very first property under contract today! I've been soaking in the advice that members of BP has provided me. I've connected with other lo...
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I've watched the BP webinar on the BRRRR method but I'm wondering how this works if you buy the property in your name with the goal of moving it into a holding LLC after the rehab. Will banks allow you to refinance o...
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Greetings, I am about to begin a BRRRR project. I am closing with a cash purchase and I expect to complete the renovations and have the unit rented within 60 days.My current lender will do a cash out refinance 6 mont...
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I am a new investor & I have to say that there is no such thing as starting out with no money. Somewhere, somehow you are going to use money somewhere weather its on useful apps, classes, seminars. I understand t...
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My husband I and have been approached by a family friend who is looking to get out of his 3 single family homes (1 unoccupied, 2 occupied). He wants $250,000 over 5 years, so $50,000 a year in a one time payment each ...
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Hi all, I am a complete newbie to real estate investing. I have a condo rental but that is something I rented out after I moved out of it and did not want to sell. So it was not bought with investment in mind. Althoug...
We are looking at getting into home flipping. What are thoughts on living in the home you intend to flip? We may have an option to purchase a home and be able to live upstairs and remodel an unfinished basement. Const...
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Hey BP Community!
It's been sometime since I've posted on here so I'd thought I'd strike up another conversation around some questions I've had and where I've gotten so far.
So my local market in Florida is still b...
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Does all move in money, 1st last and deposit need to be guaranteed money such as cashiers check or money order? Also when said prospective tenant should earn 3 x the monthly rent is that gross monthly or net? Thank you!
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Hi All,Hoping to receive some advice. I have owned a 4 unit property in Bellwood, Illinois for about 1 year this month. On average the water bill was previously manageable of course I notice an uptrend over the summer...