Hi, i'm new to real estate investing. I just wanted to get your thoughts on a accepted offer for a bank owned concrete block duplex.
Both units are 2/1 and 840sf.
List Price: 79.9k
Accepted offer price: 72.5k
Goi...
Hello, I am planning on purchasing a 4 plex and wondering if anyone could help me work the numbers. Purchasing on a Contract for deed. Purchase price $120k, 5.5% interest over 30 years. $7500 down. No Balloon. New ...
I have an opportunity to purchase an off market 2-unit property in the Elysian Heights section of Echo Park.To those familiar with the market:First and foremost, the property would be my primary residence and would gr...
Hi all,
My name is Jake Ashenfelter from Philadelphia and I am pretty new to real estate. In fact, I have never done a deal before. However, I am definitely a real estate addict that has been pretty passionate about ...
So I am looking to put my apartment for rent in the coming weeks and I scooped out my competition in the area and they’re all not including utilities and other fees in their rent. I went to several of them and it turn...
Hello all,
Sorry for the long post, but I wanted to give as many details as I could.
I recently purchased (1.5 months ago) a foreclosure (my second rental property) utilizing a 15% down construction loan that looked...
Last year, I hired a property manager as I was getting married, finishing grad school, and starting a new job (had self managed before that). Things went okay for the most part, besides some accounting errors on their...
Hello Everyone,
My name is Jordan and I had a question about property taxes...first a little background. My wife and I are looking to enter the real estate investment field through an FHA loan. We have ~$6k...
I am considering my first 4 unit and would appreciate the help of the BP community with analyzing the deal.
Some background: I am interested in buying this property to hold and start generating a rental po...
I found BP in January. Quit my job 3 months later in March.
Since then, I've made about 50 offers, knocked on doors, put out signs, battled with the post office, sent 1200 yellow letters, and have no deals. boo hoo....