When you have a seller with a dilapidated house that is worth 80k as is, and you're offering them 40k, are you really doing them a favor? I understand the idea of unloading their burden.. but realistically they are be...
Hi guys! I’m looking to get into real estate investing. It’s been a goal of mine for years, but I’m a college student and finding the time and money has been challenging! I’m graduating in a few weeks and have saved a...
I'll apologize right away for the LOOOONNNNGGGG post here, sorry but I was trying to get all relevant info included! Hopefully its a quick read for you!
Its funny, I know some of the guys/gals posting here on BP have...
Hello everyone. So last year I bought a 7 units apt for 1.06 million dollars. Everything looks great on paper. Bought it with 3% seller financing on a 8% cap. What could go wrong right? Only thing is I didn’t check wi...
I will be graduating from college in June with no debt. I have around 60k saved up and have a job lined up. I have a couple questions.Will I be able to get a mortgage?Should I invest locally or oos? (located in Seattl...
I will be making an offer in two days on a property. I ran the comps, drove the comps, inspected the house and have a good feel for it's value. She has two other properties she also wants to sell me that I'm hoping g...
Hi,Firstly I'd like to thank the whole BP community for making a place with such great resources for RE rookies and vets.But I have been wondering, has anyone gotten burned by another forum member? Obviously I wouldn'...
I'd like to get some help evaluating a small apartment complex deal. Some context first. This would be my first foray into multi-family investing, so I don't know what I don't know yet. I know that apartments are va...
I've always heard that you can expect to be anywhere from 8%-12% of rent for professional property management. I'm finding PMs who charge that as the base fee... but what I didn't expect is to see a high cost for find...