I now have a mobile home under contract for 25k. I knew the house was a fixer upper as it is listed as "as-is". The seller told me it needed a new HVAC and drywall in parts of the house. As well as cabinets, door fixt...
Hey guys and gals I have a quick but important question. When do you give a renter their deposit back? What criteria must they meet or what do you look at before giving it to them? I'm currently wondering what to tell...
So after I got my first deal under my belt I got super excited and started searching more rapidly! One thing I absolutely love about REI over any other form of investing is that you are helping people solve problems t...
Hi BP Community, I have a triplex under contract that I'd like your help in analyzing. I have experience with single family homes, but none with multifamily.The contract price is 215k. Rent between the three units i...
Hello,
I bumped into a lady today and she said she runs an REICLUB in DFW. I asked her what her response rate is for direct mail. She said that if she does a 1,000 postcards she would get maybe 2-3 calls.
Those n...
I'm looking at a 2 unit student rental in southern Ontario, Canada. Asking price of $300,000. Been on the market for only 7 days. 1 fully renovated 1 bedroom unit, the other unit has 7 bedrooms with 2 bathrooms &am...
Hi, I am a 23-year-old newbie to REI originally from Chicago, Illinois. I currently work and reside in the Orlando, FL area (specifically Kissimmee). I had previously read a lot about FIRE (financial independence and ...
Hi BP,This is my very first post here :) We need some advice with one of our rental properties. It was not the best investment, (bought in 2007 during peak), the property is barely cash flowing. $76 monthly cash flow,...
Hello BPI'm a newbie looking to do my first deal. I have someone looking to sell me an off market property and they are willing to carry the note. They are moving and already have a new home purchased out of state.T...
Hello guys,I am new real estate agent, and I found this off market multifamily listing in Brooklyn, NY. I think it has a great potential if I can find a someone to help me run the numbers and explain it to me. After ...