I am a relatively new investor that has gotten my feet wet by using my own savings to buy my first deal. The deal was just okay, and now that I have the education of how to actually evaluate, buy, and rent a single f...
Hello Everyone, I'm brand new to BP and new to real estate investing in general. I have a bit of a background in finance, but I'm still in the process of spending some time educating myself on the foundations of havin...
I went in on a 4 bedroom single-family home with another person. We rehabbed it, and tried to sell it, but the market just isn't there. So we're going to rent it out for $1500/month.
Contributions toward purchase a...
With all of the economic chaos and so many struggling, how are you, as small business owners, making changes to your businesses to ride the tide?
My 2009 business cut back plan is simple...
1- My lease ran out on my ...
So i've heard many people talk about the 1% rule. The rule states that the monthly rent should be around 1% of the purchase price. Now I want to say I do understand this is a rule of thumb and I do understand it's no...
Received a $1M offer on a 16 unit building that I purchased back in March - leaving me with a nice profit.However, I am expecting 30% in short term capital gains between the state and federal and a prepayment penalty ...
Hello everyone! First I wanted to say thank you to everyone for reading my first post and all of your years of amazing contributions on BP. I have already learned a tremendous amount from you and this is only my firs...
I'm looking at a duplex. 82k is the lowest the seller will go. The numbers make sense. The only thing I'm concerned with is that the property may not be worth 82k if you weren't looking at numbers - probably more arou...
This is a FLORIDA related question. I usually stick to SFR's but now with the thinning inventory, I started getting into some condos. Recently I bought a unit on the county auction. It was the first note (no junior se...