Jeff G.
Am I greedy?
I am looking at an opportunity:Single Family, Ask price $44,900 (projected purchase price of $40,000)Taxes, $1,400Rent $867/month (rented with long term tenant)Assumptions:5% vacancy10% maintenance5% reserveOh this wo...
Wesley Mullen
Our First Investment Property - One year later
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $125,000
Cash invested: $32,100
We started self-educating about REI in Dec 2020 and by Jan 2021, stumbled upon a fr...
Chad Griffin
Selling house to family with no credit
My wife and I are selling our home that we still owe about 72k on. A family came to us and want to buy it for 100k, and want to put 50k down, and pay the rest over 3-5 years. They don't have any credit and say they wa...
Aaron Ehrlich
ADVICE WANTED - Options for 91k purchase with 25k of work
I'm all ears for opinions on this one. This is an 1880's Single Family Home in Des Moines, Iowa. 3 Bedrooms but has 2 other rooms the could be considered bedrooms. Our goal is to get a house every 6 months, building u...
Kristina Ballou
Single Mom Looking to Invest
Hello all,
I've just begun my journey into multifamily investing. Well, kinda. I haven't purchased anything just yet but I have listened to numeroius podcasts and watched tons of videos over the last 6 months. Is ...
Andrew Rosenbaum
AirBnB Do's/Don'ts for a Newbie...Need your help :)
Hi BP Fam! To anyone who has successfully purchased an out-of-state property that required rehab prior to listing as a STR, how did you do it? What would you recommend as initial steps to qualify a property as a good ...
Lior Golan
Find the best way to manage property furnishing from afar
Hello everyone,I am new in the area of the short term rental, I bought a house and renovated it and decided to make it a short term rental.The problem is that I’m not living in the area and I am out of the country inv...
Eric Wood
Professional Paperwork - Work with attorney?
Hi everyone,
I'm planning on purchasing my first investment property in the next few months. I'l be purchasing via my LLC, but will likely be getting a private loan from family for part of the down payment. Before ...
Amanda Williams
Wholesaling Portfolio's - How to protect myself?
Hi I am putting together an 80 unit rental portfolio and I need to know how to protect myself from the investors going straight to the seller. I am sending out a detailed list of properties to my VIP investors so I'm...
Jon Fields
I've made an offer on my first 4-plex. What do you think?
Howdy Everyone,I've made an offer on my first rental property and I'd love to get the take of the BP community. Details below:Property Type: 4plexNeighborhood Rating: Small Town B, Maybe B-Asking Price: $180kOffer: $1...