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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...
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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...
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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...
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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...
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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...
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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...
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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'...
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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...
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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...
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Hi Everyone! I’m looking to invest in my first rental property this year. I wanted to know what places are the best to invest, to buy a 2 unit property not exceeding $400,000. Any specific states, counties and cities ...