I am about to invest into a brand new build property in Mississippi. The cash flow has been reduced a bit by the recent interest rate hikes, but it is still about 7% return . I'ts a turnkey deal in a B+ neighborhood. ...
Hey BP community. I'm new to BP and a newbie investor. I have a bit of book knowledge about Real Estate but not much real life knowledge. I own a tanning business which is great but I am looking to change business dir...
Hello BP!I have one successful rental and now am under contract to purchase a second one. I am scared and think everyday about pulling out of this one! Because the numbers aren't as good as my 1st one. Here's the d...
Hello all,Along with my short term goals, I have the goal of getting started with rental properties here in Chicago and was hoping some who have gone through this could provide some insight.My goal is to use a FHA 203...
I have a portfolio of 11 rentals in Kansas City (I live in Ca). My PM is competent. I have done make readies/rehabs for all of them through a contractor, and the PM walks the properties when he is done. Over the ye...
Ok so a little bit about me. Im 32 live on Long Island (ny) I currently own a single family home that I live in. It has a basement apartment that I currently rent out for $1300 a month.House is probably worth $215k-$2...
I have a question for experienced wholsalers.
I am not saying to make this a full time practice, but do any of you ever co wholesale a deal with another wholesaler and split the profits? I would imagine yes, but nev...
Hi BP,I wanted to share one of my clients investment property success stories. Take a look! 4 Unit Property in Shaw Subdivision Washington, DC off of 10th and Rhode Island (great location)-Purchase Price: $1,965,000 ...
What Cash-On-Cash (CoC) return do you like to see on your rental properties, and at what point in your loan term do you calculate your CoC from when deciding a property is worth purchasing?I'm doing some returns base-...
So I know the answer to my question is "ask your tax person", but I asked my tax lady and the info I got back doesn't jive with what I've heard and what I've read about so I'm asking you all. No need for specifics.Ok....