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I have been working toward a buying a house using a Realtor as my Buying Agent. Deal is supposed to close the end of this month January.Summarizing, I made it clear to MY $#@!ing Realtor that I did NOT want my deal t...
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Hello BP,I recently hired a roofer to put a new roof on my personal residence and one of my rentals. About two weeks ago I found a leak in the roof of the rental and it has caused some pretty serious damage to the wal...
Hey BP family,I found a duplex off market that I intend to house hack with my VA loan. The seller is an older guy and wants to retire from real estate. He’s had the same tenants in place for almost a decade and their ...
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Good evening all.
Any thoughts on this? Is my thinking straight in regards to a sound investment and to assist in clearing my personal debt to provide more immediate cash flow?
I'm thinking of investing in the foll...
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I'll describe my situation as opposed to asking a question, and please chime in:To start, I work my W2 as a Quality Control Analytical chemist. My attention to detail, while sometime lacking in the chemistry setting,...
My mom and I have been living in a small 2 bedroom rental home for over 11 years now. Recently, on April 6, 2018, we had our yearly house inspection because we are in Section 8 housing. The inspector found that the ca...
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I’m a rookie investor investing long distance. I’m wondering if I’m being too conservative. When I underwrite a potential deal I include 10% for maintenance, 5% vacancy, and 10% for cap x. Is this to high? It seems li...
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My wife and I have written a personal note (made a loan) on a real estate project. This project is going to require more funding to complete. I am considering providing a second loan, from my self-directed IRA (or ...
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Hey guys!I am in the middle of negotiating on a 3 flat with an illegal garden unit. We've agreed on a purchase price and are just about the signed the purchasing agreement. The listing agent mentioned that 3/4 of the ...
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Hi BP, I am closing on my first investment property next week. I'm jumping in head first!This was an MLS deal in Decatur, GA. The area is still rough but I think I'm in a good pocket, and I predict property values w...