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I could really use some advice from the community!I was working with a friend as a backer on deals here in Hawaii and put down some earnest money on a bank owned property deal I got for 500K. When it came time to put ...
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Good evening BP family!I recently just closed on my first deal, a duplex with tenants occupied on both sides. I am preparing a new lease agreement as one is up and at the end of the month and the other is on M2M. Look...
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Hello, I'm looking to start to rehab a few properties in this market. I've heard it's tough to make money rehabbing properties. Would appreciate it if someone could explain if it is or is not tough. And also, if th...
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2 bed 2 bath, 1020 sq ft, built 1987$355,000 offer ($365,000 asking)$30,000 to make rent ready (includes $3500 two months holding costs)$1141 mortgage (25% down at 3.125% for 30 years)$381 taxes$75 insurance$150 HOA$1...
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I finally read The E-Myth by Michael Gerber which comes up almost as often as the suggestion of Rich Dad, Poor Dad. I must admit, this book qualifies as "best selling", but not "best written". However, the idea of "...
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Hello - we are buying a cabin in Big Bear Lake, CA, and will be renting it short term to help offset some costs. Although we are a 2+ hour drive away, its not totally convenient to zip over there easily to take care ...
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Hi BP community - I have started doing some research into my first SFR investment which will likely be out of state - A ~$100,000 home with a roughly 1% rent/cost. I am looking at St Louis, MO, Cleveland OH, suburban...
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Hi guys,
I am new to foreclosure purchase. Recently, I've decided to invest in foreclosure properties. Are the deals that are foreclosed under HOA legitimate? These are actually in foreclosure auction, but it...
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I'm a potential home buyer who is looking for a property to purchase as a residence. I have not yet talked to a mortgage broker on the availability of an FHA loan. I have, however, asked the advice of people in my ...
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I was wondering if any veterans of the Single-Family residence flipping business have stats for the % of flips ending up losing money and maybe also days per flip. Do you keep detailed stats about each flip?