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I have a chance to purchase a 1 bedroom condo for $47,500. Condos in this building rent for between $750 and $800 and it is a nice area. The one drawback is that this building allows smoking, which could be a turn of...
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Does anyone care to share some ideas on incentivizing my contract with a property manager. I am admittedly fairly uneducated in dealing with PM's but from what I've picked up, it almost seems like they get paid more/b...
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Have you tried to talk to your local bank? Not one of the large conglomerates with a branch in your city, but a true local bank that is headquartered in your area. If you've got cash to put down, I'm sure they'd tal...
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Good morning! I'm looking to bounce the numbers off the members on a deal I am close to having under contract in the northwest suburbs of Chicago. "A" location with a "C" property ( in it's current condition). These a...
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Would you do this deal?
Two Storey Single Family Home in a quiet neighborhood
Square Footage: 1244 sq/ft
2 Bedroom
1 Bath
Detached Garage
New Roof
New Central Air
No major repairs needed
Lancaster, Ohio 43130
ARV: $...
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I have been identifying properties that I can purchase with little money down by assuming the current loan. Multiple markets not just Denver. The benefit is a small down payment to secure the property and assuming th...
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Hi BP community! In Chicago, what would be your top 3 criteria to choose to buy a multi-family house in Chicago? (for buy & hold)(for instance, does the 2% rule even work here?)
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I am an architect with 25 years of designing and construction experience. I am starting out in real estate investing. My primary interest is in flipping single family residentials in Keller and North Fort Worth area.
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Hello folks!This forum has really helped me a lot as I go through my first deal of buying a SFR in Huntsville Alabama. I will definitely post more details about the numbers and what the final outcome later but in the ...
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I have 250k cash I can use towards a multi family purchase as gift money. Most of the 3 unit multi families I am interested in are 400k. being very conservative monthly rents would total 3300. Lets say I can get someo...