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I’m currently renting my residence and am splitting rent ($1450) with my girlfriend. As much as I hate to give my money to a land lord and miss out on any equity build up through loan pay down or appreciation, there a...
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Hi BPers!I'm getting close to close on a property and there are cracks in the foundation that the inspector found. I'm asking the inspector for a more detailed analysis of these cracks so I can decide if the foundatio...
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Hello,We are buying our first duplex. After the inspection about to ask for a price reduction. Since this is our first time I was wondering on opinions of others on how much to ask and how to include the cost of labor...
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I'm buying my first rental property this year, and unfortunately, it will be far from where I live because real estate is way over priced in my area. I will be visiting the area about 2x a year for business until I mo...
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We are almost done fixing up our first rental property and aim to have it rented ASAP. It's a 1920's bungalow in a very trendy neighborhood in Tampa and we want top rent for it (of course). I've listened to all of the...
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I have a contractor that would like to partner with me on a few flips. I would be the money guy and he would handle all the renovations (manage subs, etc)
What would be a good split?
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I am thinking about buying single family homes in a C class area. I have found $20-30k homes, that I would pay cash for. These areas generally rent $500-800/month. I would be cash flowing 2% or greater. They aren'...
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BP, what's up? The title is pretty straightforward to my situation. I have $10,000. How can I turn this into $1M overnight? Thanks!Okay, I'm only joking. If you're still reading, I'm assuming you're patient enough to ...
Im sure many of us have read all the warnings and reviews of buying low price properties, and the problems typically associated with them, but all that considered, it is what first attracts a lot of people , indeed th...