Timothy Mitchell
Should I buy this property that needs a new roof and HVAC?
Hello,
The seller has accepted my offer of $121,200 for a 3 bed/2 bath townhouse. I initially analyzed with the following information and the property yielded a ~$420/mo cash flow and a ~15.7% cash on cash return:
P...
Dan Baran
1st-Time Homebuyer in Denver Doing Househacking, Looking for Tips
I'm looking to make my first real estate purchase in Denver for a house hacking type of situation. Would like to keep costs low as first investment so thinking a simple 2-bed/unit or 3-bed/unit. Ideally it would be a ...
Karen Margrave
COMING UP TO THE 1,000,000 POST ... WHAT MEMBERS HAVE BEEN HERE THE LONGEST?
How exciting, BP is coming up to 1,000,000 POSTS! What a fete for @Joshua Dorkin next to him, who has been here the longest? @Jon Holdman ? I just want to say CONGRATULATIONS to all of you that stuck it out in the ear...
Vijaianand Thirunageswaram
What do I like, FLIP or New Construction?
Howdy Investors,Hope all going well. It's been some time since I posted last one and so I thought this story would make it an interesting discussion. If you are following me or my post in BP, in my last update, I ment...
Kat Rathell
Prospective tenant red flags at showing
We had a showing at one of our C class properties yesterday, and a propsective tenant came in with a boyfriend. She submitted an application (incomplete, and that in itself is a red flag, short rental and employment h...
Alan Caceres
Making offers on deals is hard! How do you do it successfully!?
Hey all,As a newbie real estate investor, I have found that closing deals are pretty difficult.I'm sure as I gain more experience, I'll look back on this post and laugh at myself for thinking this. So hopefully this i...
Chris Rodriguez
Southern Utah/ St. George Short Term Rental Market - Sustainable?
Hi BP Nation-
I’m considering adding some short term rentals to my portfolio in areas that I’d enjoy spending time in. One of the benefits of COVID, is much greater geographic flexibility for work. I love the outdo...
Steve Maye
Looking at short term rentals for the first time. Need advice
I have have had 2 long term rental properties for about 10 years. Now I am considering a short term rental in an area like Florida or Gulf Shores, AL. I would like to be able to use it when it is not rented. I was...
Charles Giovanniello
Did I buy a bad investment, and should i sell?
Hello all! I purchased my second investment property (a duplex) almost a year ago (November 2019) in Allentown PA. I'll just get right to the numbers.Purchase price: $140,000Cash to Close: $43,000Initial repairs: $6,8...
Justin Reyes
I want to quit my job and want to BRRR houses. Bad idea?
I make about $85k a year and have $30k saved up. I want to quit so bad. I live in Milwaukee, WI and see a lot of deals out there.