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What's up BP!I have a deal that's mine for the taking. It has some distinct positives, and some major negatives. I'm looking for your quick input -- would you go for this one? Yes? No? Bonus points if you give your 1-...
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Hi Guys,I'm in desperate need of some advice here. I'm a prospective investor and I've been studying real estate for probably 3 months now. From everything I've read or listened to everyone's biggest piece of advice i...
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Heres my situation. I am from Bloomington Indiana. It is the home of Indiana University, and has a very diverse range of family incomes. The population is about 70,000. Being a college town there are a ton of rent...
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I'm an experienced RE investor in AZ and have only invested in my region thus far. I've been approached by an asset manager I've used to get incredible 50% ARV deals for the past few years with a small Chicago pack...
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Can someone please tell me the 'rule of thumb' when evaluating a property for rental? Or better yet, what is the '2% Rule and the '50% Rule'?
I'm looking at a potential deal tomorrow and I'd like to get my numbers rig...
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Hello Everyone at BP.
I have been reading, researching real estate investments and strategies for many years. For the past few months, I've been hooked on BP. The thing I like the most on this forum is people help...
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I am a single mother of 2 "special needs" kids... I am a licensed Real Estate agent in WI.... I have no car, crappy credit, and no money... I LOVE real estate.... I have read at least 20 books, gone to at least 3-4 s...
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I was hoping someone out here would be able to provide some insight on just exactly how the process of getting a loan approved and underwritten works. Seems as though the standards aren't always the same. Any insigh...
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We are moving out of our primary SFH (bought 6 years ago) in the Campbell area, and are deciding between selling it or letting it out for rent (fully managed by a third party ~ 7% fee). Given that the we have had doub...
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As investors we seem to have "formulas" or rules of thumb to help us through our decisions. 1% rule, 70% ARV, etc...Anything that helps you quickly decide when a short term rental is better than a long term rental?I ...