Hello BP community! I'm looking at a potential wholesale deal in The Heights area in Houston, TX. Average price for new construction in this area is between $600K-$1M. What I am curious about specifically is this: How...
I havent been on in a while, I've been working hard at lining up the right things and the right partners. I've yet to do my first deal but its for many reasons that are not part of fear. One main reason I traveled a l...
I am a brand new investor looking to buy my first property. My husband and i are still looking at different properties but we are unsure if we should get pre-approved for a loan first before making any decision since ...
Class C neighborhood, 3 units on the property, one duplex 1 bed 1 bath apt (both are already rented currently), & one 3 bed 1 bath house. Gross rent is expected at $1600-1700 with a purchase price of $70,000 (1st ...
Hello, this is my first post so thank you in advance to anyone who shares their 2 cents. I am looking to buy my first house in 2021. I live in NYC and trying to figure out whether I should buy a fixer upper house upst...
While we may already be in, (or close to) a technical recession, as of this post we still have a very strong job market in most sectors right now. Supposedly, rental properties hold their value and vacancy is low dur...
I am trying to run some numbers on different properties and I don't know if I am running these numbers correctly. For example this particular house costs 59900 and rents for 1000 in Cleveland, which is 1.6% of the pur...
I'm a newbie, ready to begin purchasing homes for investment income with cash. In my area, there are homes everywhere that are priced well below what they sold for a decade ago. And the rental market is strong. So ...
My wife and I bought our first investment property and on the fence about rent or flip, although we are leaning toward flip. The house is 858 sq ft in a C class neighborhood. What items would we want to upgrade to max...
The 50% and 2% are good rules of thumb, but what are your specific criteria in your area(s)? How stringent are your requirements and how often do you reevaluate them?
I'm trying to figure out how specific most invest...