I am looking at a condo and the owners have smoked heavily in it for years. When you walk in you get hit with a strong cigarette smell and you can see some residue on the walls from it. Also, the unit is carpeted so I...
What do you guys think is a solid ROE number and why? I listened to the BP podcast and they were talking about this. I have had more appreciation then I would have expected which has skewed the ROE in a good way but...
Hi Everyone!This is my first post and I’ve been diving into real estate investing for a few weeks now; just reading, listening, and watching REI information non-stop. So I’m brand new to the space. A little background...
Hello all. I have ~$24k in car loans for which I had a plan to get paid off in a few months, while continuing to save money to begin investing in real estate... to date, we have accumulated close to $30k, kept in a “...
Hello BP, I’m new to REI but have been in residential construction for 30+ years. I’ve recently came into a few bucks and I want to take that and start flipping. I’m also in a situation where I can (and want to) move ...
My sister and I are starting out in real estate investing. We are from rural upstate new york has anyone else had success investing in rural areas? Eventually we could invest in rochester, binghamton, ithaca or elmira...
First of all -- I'm brand new to investing. I'm trying to build a portfolio of rental properties and since I've lived in SoCal my whole life, I thought it'd be best to start in my backyard. But, I'm seeing that the pr...
Hi,
So, I'm going to be getting a place where I live in one unit and the other(s) out. I obviously have little to no issues working on my unit, but how about the others?
What if I want to do a major re...
Hello - I would like to ask investors in New Jersey (or anywhere) about expenses to consider when you are analyzing a multifamily property to househack- snow removal, lawn maintenance, etc. I just want to make sure ...
I was in the floor store looking at laminate and the store employee asked me what color the furniture was so that the laminate wouldn't clash. This hadn't occurred to me, since the house is vacant right now. Is there ...