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I constantly see investors buying up HOA liens at the foreclosure auction and wonder what is the reason? If they had no mortgage or a low balance on the mortgage, I would understand. Most times they are way under wate...
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Timeline of events2-3 weeks ago: inspection was completed. No issues with A/C unit given in inspection reportDay before close: Buyer did a walk through and notified me that the A/C was not blowing cold. I called an A/...
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Hello BP community,My family is evaluating a cash-flow market to get into - and we are close to finalizing on Detroit for various reasons (entry point, >1% RTP, strategic investments in parts of the city, ...)Based...
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I am looking at a 160 unit storage unit complex.
What should be the cap rate be?
I figured 10%
What are the occupancy rates should I figure?
I used 85% but not sure how much turn over there is in storage units. I ...
I am a wholesaler in Tampa, FL. In my marketing I got a lead that is a land contact. It's a mobile home in about 1/2 acre of land in Marion, Ohio which is apparently about 30 minutes from Columbus, OH. The owner owns ...
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Hello BP,I have a scenario that just happened to me that has left me absolutely sick and I am looking for some advice.So I found a property that was a HUD owned property and was a really good deal. The asking price wa...
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I’m currently 18yrs old and reside in the Bay Area. I’ve been stuck in a state of confusion as of late just due to not knowing where to invest, I started off wanting to invest locally and I quickly seen that wasn’t a ...
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My wife and I are finally looking at and making offers on properties after months of learning, hustling for extra money, and working on credit scores. We're looking at small MFs (mostly duplexes) in Austin, Texas to o...
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I am against:The simple fact it will kill small business and jobs.
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Hello,I recently sold a house in Southern California where the market is tanking so I do consider myself lucky enough to get it sold without losing a ton of money. Anyway, what should I do with the profit? I'm singl...