I am getting ready to close on a property I put under contract about a month ago, the owner was very accommodating in letting me do my due diligence based on the condition of the house. I have so e questions about...
I'm looking to make my first deal, but don't know if I want to go with this one. It is $20k out of pocket with $5,148 of cash-flow a year and $2k of capital gains. I only have $50k to invest and am putting aside $8...
Hi y'all! I'm looking at buying my first investment property and it seems like a great deal but it was built it 1910. Any advice/recs? What to be very weary of? How to get it properly inspected? What might not be that...
Quick question for my apartment owners. How much money do you set aside for maintenance? For single family houses I usually plan on keeping 10% of the purchase price. For example $100,000 keep a maintenance fund aroun...
Bought an out of state property a year ago, 2400 sqft duplex. Inherited the existing tenants. Here was my proforma assuming everything went to plan (which it didn't!)
One tenant stopped paying in May, the other rac...
I am new to the Memphis, TN area as well as real estate investing. What are your thoughts on working with a real estate agent? How would that benefit the agent and the investor? Does anyone know any real estate agents...
Hello everyone, I am looking to make a career change and become a commercial real estate broker in Chicago. (A good friend told me that I should go into commercial real estate and he would send his HNW clients (10+mil...
Hello BP community. Are there any veteran investors in the Cleveland OH area? I now own 3 properties in various parts of the Cleveland suburbs. All have been purchased in the last 12 months. My question is in regards ...
Do you guys have a professional inspector go thru the property to see how much the repair will be before you decide to buy a REO property? do you do this before offer or after an offer? Or do you decide yourself how m...
I have a property that is being managed by a property management company. I have been getting a large amount of expenses on the property lately. Some seem legit but other do not. I wanted to get the opinion from oth...