We found a 2 family property asking 115K. We will offer 85K and keep out fingers crossed he accepts. We have spoken to a contractor, for rehab. His estimate is 70K, that includes turning it into a 3 family and add...
Hello. My name is Mike and I am brand new to to investing in real estate. It has always seemed like a no brainer to me to have tenants paying your mortgage/making you some money but it seems like nobody wants to get i...
Most states have a 6% income tax, so if someone is earning $100,000 per year, that's $500 per month. If you're a real estate investor in Texas with multiple properties, there is a higher property tax. Is it worth it? ...
Hi BP,Being Italian but working in Dubai I can't really say that at the moment I have a precise market where to focus on. Having a 10-12 years investment plan to build up a portfolio to sustain my retirement I conside...
Wondering what thoughts people have on the very different rent stabilization initiatives on the ballot in Minneapolis and St. Paul?
Hi Everyone,
I am new to BP and real estate investing in general but have been following some large (8 units+) MFDs in some rough areas of Newark and Jersey City with numbers that sound good and am wondering ...
I had two properties that were going vacant at the same time
one was a dead beat tenant that I had to evict after she only paid two months rent.
the other was on a house that I basically just put someone in to keep a ...
Hi BP!I am currently looking at a potential house in Marlborough, MA for my first flip opportunity! It is a house built back in 1890!!!. My question is the following:Can you guys check out a FLIP Calculator Analysis I...
Hello!
Introduction
I’d quickly like to introduce myself before providing my forum topic. I’m Moe, a heavily inspired teenager who is determined to create wealth and success. As a 16 year old, I have been career b...
So confused on how to proceed .Here is a nutshell.I have a ppty ready for rent.Been on market for 20+ days .Getting tons of showing request but most if not all donot pass my initial screening terms which are 1. Credit...