My mother in law is getting an inheritance of 80k. We would like to use this money to start flipping houses to grow that wealth. The thing is, she has bad credit & old debt that she has yet to pay off, and she doe...
I wanted to see how people are marketing their spec homes outside of the MLS and signage. I have been using traditional open houses, brokers opens, newspaper adds, etc. I am just starting to use Twitter, Facebook, Y...
Hello BP World,Having a debate right now about common protocol. My wife and I are RE Brokers (37 years combined in the business), investors, and now own a PM company. We are taking on a client group that has some bu...
Good morning BP! I am currently looking to buy a small multi family with an FHA 203k loan. My short term goal is to buy a property, fix it up, rent the other units and move into the vacant one for a year. Sounds great...
I'm looking at a property the house (6-units) was built in roughly 1890-1900 and possibly the wiring needs to be completely redone. It looks like it has been updated/worked on at least once but a total mess in the bas...
I just closed on my first rental property yesterday, a duplex in a good location. Both units are currently rented. There’s no current lease, and the previous landlord was not managing the property at all. The rent cur...
Long time listener, suddenly investor...
I’ve been taking care of my uncle and he is about to pass away this week.
I submitted a Quitclaim to the county recorders office, contacted mortgage company to start a loan ass...
Hi All,My wife and I are considering investing in a short term rental in the Virginia Beach area. We'd like to own property (house or condo) that we can use for vacation several weeks of the year and rent out the rem...
Hi Everyone, Wow! We've gotten a ton of interest in this topic, thank you. I really appreciate all your input - it will go a long way in helping BP to continue to improve the site and help our community. Thank you all...
My wife and I are about to put our home up for rent. This will be our first foray into landlording. I am torn between self managing or going with a property manager. The only thing that concerns me about self managing...