Good Morning BP Community! Thanks for stopping by. My sister and I have saved enough money to go in on a deal together. We're looking at a two story 4 unit apartment home in El Paso, Texas. The building was built i...
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I close on July 5th on my first rehab project, what are some things that I can be doing in order to be ready to hit the ground running come July 5th? What do you typically do to prepare yourself for the rehab?
I h...
Internet searching lead to horror stories on this, but everyone's talking about older HUD homes. I've got one under contract half off appraised value of $165k. PCR is clean. Home is built in 2006, new neighborhood, no...
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Hi there!I'm a new REI and am closing on my first rental property (a SFH) today. I'm also closing on another in a few weeks. I'm planning to acquire 20 properties over the next year and a half or so and have funds set...
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I understand the math to the 70% rule in house flipping. (Conservative Market value after repairs X.70 - repairs). What I don't understand is where this 30% magically disappears to. I know that there will be closing c...
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I am in negotiations with a guy who owns a 4 lot mobile home park. He has had no vacancy in the past six month and averages about 3 weeks of vacancy per year. His costs are $800 per year in property tax and $40 per mo...
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If I wholesale a house to another investor and assign the contract to the investor, what information is visible to the investor and the seller?For example, can the seller see the name of the investor who is buying the...
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Any ideas on how I can get this driving for dollars lead nailed down? Owner is deceased. I contacted the wife and it’s a bit of a mess. It was his mother’s house and she quit claimed it to him prior to her passing. No...
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I am trying to get my business up and running but can't decide if I should invest my money in a website or in a direct mailing campaign (or is there anything better out there)? What is the best bang for my buck when s...
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Hi everyone!
I'm looking to get started investing and I have some cash to do it. I'm interested in a home I found through an agent at a Meetup and I think it has some potential.
I'm still running through the numbe...