John D.
My first big / higher end flip
Hi BP! After doing a number of remodels/rehabs on rental houses over the last 18 month or so, I decided to embark on my first BIG FLIP. With purchase prices increasing way faster then rental prices, I thought I'...
Felecia Brown
RENTAL PROPERTY INSURANCE
What do you guys typically pay for Insurance on Rental property? I pay $2004 per year for a SFH in Harrisburg PA. is this too expensive?
Also includes pump and sewer backup
$428, 000 rebuild value
$500,000 Liabil...
Vijaianand Thirunageswaram
JL REI Monthly Meeting: Houston SFR Rental is Bullish...
I attended the last week Jet Lending Monthly Wednesday meeting at RedNeck country club. It was totally packed and it was my first time going to the event. So many investors packed to collaborate and gather info.. It w...
Adam Campo
West Baton Rouge RV Park (man camp in close proximity to Dow Chemical - Plaquemine)
Investment Info:
Mobile home hard money loan investment.
Purchase price: $1,450,000
Cash invested: $2,000,000
Sale price: $2,300,000
Letter for bank financing:
"Dear Debbie,
We would like to ap...
Paul Burbank
New Member in Upstate NY
Hi. Brand new BP member here looking to get into real estate investing. My wife and I are located in the Saratoga, NY area. I am an electrician by day but hope that one day investing can replace that career. I have kn...
Aakash Deol
Current Mortgage Rates
I am looking to purchase my first rental but I am a little confused about the current mortgage rate. I know the mortgage rate is pretty high currently and is continuing to rise. So my question is, should I wait until ...
Matthew Perez
Best Bank Account For Rental Income
I am potentially closing on a property soon, and I am looking into which bank offers the best service for rental income. I came across BaseLane, does anyone use this bank? Based on their website, it seems automated, h...
Stetson Coursey
Looking for direction on how to start
I'm looking for advice on advancing in real estate investing. I'm 19, based in south central Kentucky, and purchased a home in August 2023 through seller financing. Currently, I work as a real estate agent and plan to...
Eric Lopez
Estimating Operating Expenses
To my BP family,When I am running my pro forma on a potential investment property, I always get stuck on whether or not my expense numbers are correct. I can accurately estimate utility costs as most util companies ha...
Account Closed
Looking to Flip - Want Capital Partner
Hey all,I'm new to REI and want to flip/ BRRRR a single family home in New Jersey. My biggest hurdle is the finance piece. I have $20k but not much more than that and getting approved for a mortgage I think would be d...