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Pretty excited to share that I will be hitting my goal for 2015 to acquire 5 more units! This number will put me at 7 total. I am picking up a duplex in a St. Louis for 40k and it needs roughly 16k in rehab. I own ...
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I've been in the market for another house for a few months but whenever i find something that i like and works with the numbers I get out bid. Any suggestions? I've started looking at houses that need a lot of work...
I am using the Rental Calculator for analyzing a vacation rental. I'm looking at a 2/2 for sale for $375k. Using 20% at list price and 4.5% IR and using actual income and expense numbers provided by the seller for 2...
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I just watched this insightful video from Ken McElroy. He does a really nice job of benchmarking the economic impacts of this pandemic compared to past recessions/depressions. https://youtu.be/N-SG-n-C5IEDoes anyone t...
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Let me start out with I am not new to cashflow analysis, BUT the one issue that I keep revisiting and have not found a great answer for is why 5% vacancy. When I get sent wholesale or turn key properties and I go ove...
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Hello! My name is Melissa and I live in the Fingerlakes of CNY. I've been interested in RE for a long time and would like to get started investing. I have found a house that is abandoned in my town that could be a d...
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I am planning to participate in my first auction coming up in the next week. It's on auction.com and I've done some recon work with driving by the property and investigating it from an exterior standpoint. Looks like ...
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Hey BP! Just wanted to share some thoughts on how I took my first step recently. After many months of educating myself, I wanted to take some action instead of just talking about Real Estate. I looked and networked ar...
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Hello BP’ers, I’m new to BP but not entirely new to REI. I’ve owned rentals and vacation property but lost it all in an ugly divorce. I’m now 48 years old and starting over with not a lot in the bank. I hear a lot of...
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Hi,I'm an HVAC service technician for 20 years. I'm looking into real estate investing. Trying to learn as much as possible. If there is anyone in CT that wants to connect that would be great.