Would you listen to a lawyer who tells you not to try an investing strategy that other investors have proven to work despite warnings from a lawyer who says it is too risky?
My wife and I bought a house for $20,000 cash in August. We have since dropped $10,000 into it. $7500 was new kitchen, 1/2 bath, wiring, master bedroom, insul, electric upgrade, etc. $2500 in travel and food. The curr...
The question I am wondering is, why would I do better? How can someone fail at renting. Duplex? Did they not maintain tenants or the property?
I have the potential to purchase a duplex for about 60k in good shape. But...
I'd like to show a seller how I arrived at my offer by writing up my own appraisal and showing it to him. I know that anyone can be an "inspector" and was wondering if this is also true with appraisals.
Hello everyone!Getting my profile up and running and looking to participate more in the forums. I am a newbie looking to land my first real estate deal by the time I am thirty! (Currently 28). RE investing focus would...
I am in the process of buying a 15 unit apartment building. I will be closing in three weeks. There are currently 8 satellite dishes mounted on the asphalt shingle roof. I am including in my lease that dishes are not ...
I figured I would share my story and thoughts on my first flip. I purchased a 2 bed, 1 bath single family cape cod for $28,600.00 cash (no loans). To date I have invested about $25,000.00 (again cash) into the house. ...
Hey BP family, I've been M.I.A. for several months from BP, in order to focus my attention to building up more capital to hopefully expand my investment options and opportunities.I finally accepted the reality that to...
A couple of questions that may lead to others, so here goes. I have a single member LLC that owns rental property, and all of the rental income and rental expenses flow through that LLC. At tax time, that profit/los...
I am anticipating a meaningful profit on a residential rental property sale in a year or so (the sale is contingent on certain zoning changes the buyer should be able to achieve). I purchased the property in 2002.- I ...