Michael Newman
Deal Analysis -- 8 unit South Side Chicago,
Hey all, Hoping to get some assistance on the property analysis below. I like this property itself--recently renovated, big units, good area, and the $ per unit while on the high end has some comps likewise in the a...
Jacob Wadkins
First Deal: Process of Purchasing a Pre-Foreclosure
Hello all!I'm trying to get my first deal under my belt via a live-in-flip in Jacksonville, FL. I've done TONS of reading on BP, the internet, and books, and I believe I'm ready to take the plunge. I have been scourin...
Daniel Mills
Is Waco becoming a good place to invest?
Hi Guys,I am wondering what locals think of Waco as a place to invest. A read some posts from a few years ago which seemed to conclude that it didn’t have a lot of the fundamentals necessary for a good market. But, th...
N/A N/A
My first :Offer on Preforeclosure
Stuck an offer in on a preforeclosure. Did some research and found the sales price in 2003 150,850$. Second mortgage at 55K, they have list price of 199k, I have comparables in the area. I offered 170K
wish me luck...
April Conaway
Inherited property, no property managment in place
Hello, I'm not sure this is the best place to be posting this, but I'm really not sure where this topic fits. My father unexpectedly passed away 7 weeks ago. He had 3 rental properties in Colorado (2 triplexes and a s...
Conor Duffin
Going under contract
Hey guys!so i found a house im interested in & I want to make an offer if they accept does this put it under contract? I don't know the procedure for "under contract" if i was to pull out for some reason does this...
Steven Luttman
When tenants disappear
Hi all,
Seeking guidance on a tenant related matter in Saratoga County, NY (30 minutes north of Albany/Troy). Lease began in March and at the moment are past due for the month of July. A domestic incident has caused ...
Beth Phariss
Financing with Foundation Issues
I know it is fairly common in the Austin area to deal with foundation issues. I have the money for the repairs and the down payment. Is it possible to get financing with a foundation repair allowance of some sort, o...
David C.
Refinance or Sell to put cash to work harder?
Hi BP brains,I'm 99% sure I want to release the equity in my condo i rent out to free-up cash to buy some turnkey SFHs or a MF. It used to be our home so fell into landlording. It's close by, we manage ourselves and t...
John Yingling
$900K lakefront new build finished - Sell + start over in Midwest (Chicago?)
Hi there, I'm new here. Have been reading for years though. I'm single, and just turned 40.I made a sizeable sum of money late 2021 / 2022, gasped, and bought 5 acres of lakefront land in upper Wisconsin, then GC'd my...