Hey folks,My name is Ryan Tuleja and I am new to BP, relatively new to Minnesota and am looking to become a first time investor. I am still early in the learning stage, but I believe I am leaning toward buy and hold i...
I have a 3 BR 1.5 BA Under contract for $55,200 and the appraisal came back at $83000. My banker is willing to lend me $77,000 to purchase and make repairs with no money down. The property is a fannie mae property and...
Hi BP!
I wanted to share my 90 day challenge story from when Brandon first gave it in late 2017. I’m from Bellingham Washington, and this is my journey.
After months of bidding, getting offers accepted, and walki...
Please help a newbie out. I am finding bp as a great source of information so far and trying to take the next step in becoming a landlord. These are the numbers i get running through the deal spreadsheet. Thanks in a...
First time post, brand new sponge.
I am fascinated with the idea of handling income producing properties and have begun learning the basics of cash flow. I've few read books such as:
- How to Win Friend...
Good morning,I have been reading about wholesaling and motivated sellers. My question is... Why would someone be happy to sell their house 40%+ below market value to a wholesaler just to close quick? They could sell i...
4 plex list price $400kfourplex : monthly total rent 900*4 = 3600(appreciation stay the same for past 5 year)• Capitalization Rate: 8.22• Gross Annual Expenses: $10,700• Gross Annual Income: $43,500• Insurance Expense...
Question on the depreciation deduction. My ex and I purchased a Multi-tenant house 20 years ago. During this time my ex and I rented out the studio, lived in the house and claimed depreciation on it. After 20 years I...
I have several vacant lots and I need to find some mobile home to put on them. I need any advice you can spare. The lot are located in Piedmont SC on the section near the Greenville SC county line. Please share also w...
Calling all sales agents!
I just passed both my national state exams for My Louisiana Salespersons license. After completing my course I honestly still couldn’t tell you how to sell a house… I will be taking up on ...