Hey BP land.. Over here in Thailand this week and a lot of the condo's are advertising 7% guaranteed return when you buy a condo good for 5 years... and the price points are pretty cool too in the 50k range.. Not to...
Hello BPers!I have a property in Charles county MD under contract, which the numbers work really well. Purchase price is $51,500. ARV is $230,000+. Rehab estimate is about $70,000. HML loan at 3 points and 13%. I am d...
Welcome fellow BP Compatriots! I thought I would share my brief, hopefully insightful, dive into real estate and financial markets.
Today I'm talkin’ the topsy-turvy mortgage market, consumer sentiment, Mayo lattes?,...
Hey Everyone - I hope all is well. My partner and I recently completed some light rehab on a duplex that we are holding in Philadelphia. For the first deal we did a FHA but came out of pocket for all rehab. We found t...
So more of a curiosity question.....what's going on in West Texas? The state is on fire - business friendly, good weather, low taxes (with the exception of property), jobs, growing population, etc. It seems Dallas a...
Hey everyone!I am currently in the efforts of paying off debt and getting into rental real estate to receive the cash flow so that I can stop working a W2 job and be able to live anywhere that I want to without worryi...
I know that when a new tenant offers to pay upfront its a red flag. However, for an existing (good) tenant anyone ever consider offering a plan where rent can be paid in advance in return for a discount? I am in soft...
Issue: How do you analyze a strip mall?
Here's the situation. I've got an opportunity to invest in a small strip mall. The property needs work and is less than 30% occupied. I've gotten a few quotes on n...
Hello BP World :)I am moving to San Antonio soon and weighing my options for investing there. I will be selling my flip-in here in Chicagoland in the spring and plan to make a healthy profit. It should be enough to ...
Startup Pays Cash to Buy Homes, Flip Them: OpenDoor’s approach appeals to sellers who need to move quickly