Just purchased my second rental property! My question is should I rent this one out too or flip it and make a quick 30-40K net on it after all taxes and commissions are deducted ? I can clear $700 positive cash flow e...
I'm taking out a loan against my house to take care of some issues - but when I'm done with the necessary items I will be left with something between 40-50k.My eventual desire is to have rentals but right now I want t...
I am looking at purchasing a foreclosed home in cash for 73k with 20-30k in expenses including renos with ARV of 125k. I have a great realtor who knows the market and is confident in the ARV. I have walked through the...
My name is Alex McGhee, I BUY HOUSE$, any price or condition; anywhere in the Upstate of S Carolina. I wholesale and buy and hold.OK, so that's my commercial ... I've been wholesaling for three years, I have four rent...
Hello BP! This is one part success story, one part discussion prompt. This morning I threw a hail mary and it went for a touchdown! Didn't even have to push the defender to the ground, as you normally do in a hail mar...
I have been lurking around BP, listening to podcasts, and reading up on real estate investments for some time now. As fate would have it, we have been unable to sell our previous house for a year now, so we have decid...
Investment Info:
buy & hold investment in Allentown.
Purchase price: $87,000
Cash invested: $33,000
3 bd single family home.
What made you interested in investing in this type of deal?...
I'm considering becoming a first time home buyer this spring. I'm interested in continuing to live in my rented house and then rent out the purchased house. How do you decide how much rent to charge and it is very com...
We (wife and I) purchased a home to occupy in 2016 and 2018 I moved. I had no upfront cost to move into a new construction home. In 2018, we moved and started renting out the home. I was cash flow negative (the hou...
Investment Info:
Single-family residence buy & hold investment in Bryan.
Purchase price: $240,295
Cash invested: $88,623
The original structure was a dated 3/2 surrounded by 3 new HFI homes. The...