I understand the concept behind purchasing homes for investment purposes, ie the 70% rule etc.

When the goal is profit the margins need to be a certain amount to ensure that profit, I get all that.

However, when it ...

Any advice on starting to look for tenants before you have closed on property?Best practices?Start advertising? screening / showing, etc Thanks

I have an executed contract to purchase a property in South Florida, the house is going to be a primary residence and not a rental for a change.Seller needs to close no sooner than Feb 2019 to have time to arrange lod...

Hello BP - I'm about to secure my first REI (MFH) in FLA via conventional financing.  I have read about placing properties in an LLC but there is a risk of violating the Due on Sale Clause.  Speaking with my lender/br...

Has anybody done this? Why or why not?

OK, so I'm messing around here on BP and my girlfriend is on her computer next to me browsing Zillow. She comes across a 3/1, about 1100 sqft circa 1929 in severe disrepair listed for $6000. Yes $6000, six thousand, t...

Hello all,
I'm a new investor and I'm running into my first large problem and just wanted to poll an experienced group for some insight.
My Situation:
I live in Colorado and have family in Mississippi. By a random ch...

Ok, I have read books and listened to podcasts and videos. I've talked with local investors, a few developers, and have good contacts with a builder. I've attended my local REIA. I feel like I am starting to get into ...

I've just recently sent out my first YL campaign and think I might have my first actual motivated seller to work a wholesale deal. Some info about the property - about 2,200sqft, 2 story SFR, 4b/2.5b, built 95', unfin...

So I invested into a property without knowledge of its past (1st mistake) I have already had a phase 1 and phase II completed. Apparently there are pollutants in the soil. Does anyone have any experience with this?. I...