Even though my unit is considered a condo, it is a 2-story townhome with a basement. I was single 8 years ago when I purchased this home with excellent credit and had more than 50% to put as a down payment (my mor...

Hey All, Thanks for taking the time to read into this. I am selling my first home (previously owner occupied) in about two months and would like to utilize a 1031 so I can defer roughly 72k in capital gains. I know I ...

I came up with a new way to quickly evaluate if a deal will cashflow.I call it the 10% Rule: if annual gross revenue is at least 10% of the financed amount (after putting 25% down) then it’ll most likely cashflow.For ...

Hey there Team BP! After months of following along the BP threads and webinars, it's time to make things happen. Can't thank the community enough for helping me to this point. Been analyzing some multi-family homes in...

Hello Everyone,I was wondering if anyone can look at this deal and share some feedback, concerns or questions. I am trying to figure out if the numbers will work and if I should put an offer. I appreciate any help. He...

Hey all,I recently came upon an interesting opportunity to purchase an 8000 sq. ft. 20 bed 7 bath retirement home that I plan to turn into 6 apartments.  I figure I can get the property for $210,000 plus closing costs...

Hello,

I'm making an offer on my first commercial property. I've been investing in the area in 2-4 unit properties for about 15 years, and have decided that a larger unit will better fit my investing/return...

The appreciation prices have gone insane in Las Vegas. Fourplex bought 1 year ago, and now seller is asking $100k over his purchase price. The crazier thing is he will get pretty darn close to 100k gain, which is a an...

Several threads asking about seller financing as the seller, what should you look for or consider as the buyer?

Let's start with a question to the seller, why do you want to be the bank?

Your due diligence about the...

Hey, new here. I don't own a rental property myself, my dad used too, but that was more from necessity. Hopefully one day I will, but I'm fifteen now, and more worried about paying for college. However, I'm part of a ...