Jennifer Petrillo
Central NJ 3/2 SFR flip, 40K profit
Foreclosure bought at on site auction for 147K. 73 day rehab (husband as project manager, also our GC and his team, HVAC guys, floor guy). Financed with purchase and rehab loan by private (crowdsourced) money lender a...
Kevin D.
It's official... Today I bought my fist REI.
There was a Tax Sale (Judicial Sale) today and I scouted out some properties and set my max bids for each property. I lost on two properties, but got one SFH for $10k or just over $11k after transfer taxes. My first...
Seshu Yaramala
First time home buyer - Multi-Family deal analysis help
Hello All,I am looking to buy my first real estate property and decided to start with the multi-family house. I have found one 4 unit house and looking for your help with deal analysis, below are the details of the pr...
Will Barnard
Mitigating Risk, a point of view discussion
In a recent thread, one member asked the other member the following:"I'm curious as to how you mitigate your risks? I totally understand using your own money has far less headaches than dealing with the banks or priv...
Doug Roux
1031 exchange to a syndication
My parents have duplexes and triplexes for a total of 50 units. They are in their mid-70s and can no longer manage the properties like they used to. I believe they should do a 1031 exchange into a truly passive inves...
Adam N.
Starting off as a long distance investor
Go easy on me, I'm new to all of this! I'm not 100% novice, I'm already a homeowner, living in Cleveland, Ohio. I would like to use savings and some home equity to purchase an investment property, perhaps a two-family...
Nick Brubaker
When does it make sense to invest in a condo?
Hello all!My wife and I are in somewhat of a uniques situation and we are trying to decide if purchasing a condo makes the most financial sense:We recently moved back to the Atlanta / Decatur area after 5.5 years in J...
Ryan Komagome
Prop Mgr Charges % of maintenance
Hi All,I started investing in a new market and got a referral to a property manager. Their agreement is 8% of rent and half a months rent fee to find a new tenant, but they also charge a percent of any maintenance tha...
Lauren Finn
new investor potential deal question
Hi BP!Just wanted a quick opinion, I am very new to REI and decided to start out wholesaling to build some cash for our first rental property, that being said, while driving for dollars I came across a 3 family nearby...
Margaret Hill
Primary residence: kind of?
Good morning BP!I am a new investor trying to figure out an innovative way to fund my first investment property due to a lack of capital. I currently live with my boyfriend in a house he owns, and I have been told by ...