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I have been looking at a 3-family house but when I run the numbers, the cash flow is in the red something like $230. Are there times when the numbers aren't showing the true value of a house? I asked him if he'd be wi...
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Hello, my name is Larmon Cummings Jr. from Chicago, IL age 29, and I wanted to share my first real estate deal with the BP community. I felt it would be some good information for those like myself who are just startin...
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Good day,In 2009, I inherited a 9 unit multi-family apartment complex with a pool one and a half blocks away from Upham Beach in St Pete Beach, Fla. (Photo attached). The units are all one bedrooms, almost 600sq ft ex...
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This is my second rehabbed property, which was just completed today (and listed today). So, the jury is still out on whether or not this can officially be considered a success story. Let me know what you think.I pur...
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Hey BP. How accurate are short term vacation rental market research tools such as AirDNA, Everbooked, Mashvisor?I am looking at Destin, FL and these sites are putting out numbers for a 2/2 condo as generating 40-50k ...
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We have a friend that has moved from Iowa to Texas but has a home that needs about $50k worth of work on it.She has very limited funds if any. I have agreed, if we can get a contract for this, to take over her mortgag...
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I have found a couple of properties on Zillow and Realtor whose numbers look good for rentals that I want to make an offer on these houses are of course these houses are listed with realtors. I don't want these houses...
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Buyer's agency agreementCompensation. Buyer shall pay firm compensation as follows:$3,000 to be paid up-front$1,000 to be deducted off of the first three properties that are purchased. (may be negotiable)Is this the ...
Hi all,New member here and looking to get some advice/insights. I'm looking to house hack a duplex in the suburbs around Boston and I was wondering where people have been finding decent deals? Thanks,Andrew
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I want to get some feedback to a letter I am sending to solicit potential sellers. This is a second draft based on feedback I received from my local REI group. I am sending the following letter in a hand addressed env...