Hello fellow investors is anyone investing in the Detroit or Louisiana area ? I’m curious about these areas :)
I just read the article that was on this site " Investing in rental properties won't build wealth but this will".
To sum it up and NOT verbatim is says, it's a good idea to invest in rental properties but to think ...
First of all, I'm not a rookie, but I behaved like one, and I write this post as more of a cautionary tale rather than an attempt to seek advice. I know I should have done more due diligence, and I know what my optio...
I'm excited about becoming a member of the bigger pockets forum. I'm in need of advice...I recently purchased a home in a great school district from an estate. The home was built in the 50's and is in need of around 3...
I've been browsing this forum for years and listened to countless podcasts and I purchased 2 books by J.Scott who seems to be the father figure here in BP.I feel like the only way I can finally "get it" us by doing it...
I'm running numbers on potential rental property purchases and the monthly expenses beat out monthly income drastically. Am I being too conservative at 10%capex 10%repair&maintenance 10%property management and 10%...
I have an LLC for my real estate business (I am an agent - no investing yet). I am getting ready to move forward with purchasing a duplex for investment purposes. Should I purchase the business under my current LLC, a...
The Property is worth 270k as is, I have it under contract for 214k. Now the repairs are super minimal, less then 5k easily. There has also been an addition of a pool and a finished barn. Now what I'm wondering is if ...
Insurance Loss proceeds can be some of the hardest to get reimbursed from your lender. I have seen loan documents that were written so that the investor had no possible way to ever access insurance funds - but they st...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $85,000
Cash invested: $115,000
Sale price: $245,000
Bought out of redemption period. Financed with private inv...