Hey everyone! I've been wanting to get into real estate for a few years now and I've been quietly waiting for factors to be in my favor. I've got a small amount of savings, no debt, I make almost double the average in...
I have an 11-unit apartment building under contract and my portfolio lender just informed me the appraisal was not good enough to lend upon. She stopped the appraiser before he wrote the report to save costs, but fro...
I have been a member on BP for a little while now and thought I would share what my first year of investing has been like.I have been interested REI for 5-10 years. Prior to the bust in 2006-7 I had attended a few REI...
Hi all. Last year I purchased my first rental (BRRRR) for $115,000, and put around $30,000 into repairs. It appraised for last month at $220,000 in which I was able to do a cash-out refi and pull almost $30k back out....
My husband passed away tragically 7 weeks ago and I now have insurance money to pay off our investment condo that we owe $115k at 4.1% interest (733 a month) We have a tenant in there and it pays for itself but I’m w...
Hi - I am curious what the forums will make of my first deal and whether it is relatively good or relatively marginal. I am in the Palm Bay, FL area and bought an SFR 3/2 for 220k. 30% down, 6.375% rate, and after a...
Ive been a landlord for about 18 years... Normally, if a tenant moves out it cost me under $600 to clean/paint, etc regardless of the area... Lately things have been very different... The last couple of tenants who mo...
I am wondering at what point ( or amount of properties) do you hire full time maintence people? We have had significant growth over the past two years and are currently making all the calls and setting up contractors ...
I met with a seller that wants to get rid of her property but from the sound of it she wants close to market price because couple wholesalers tried to give her a price and did not budge. The condition of the house is ...
One thing I need to be conscious about is not being my team members control on how they do their work. I am really making a conscious effort to avoid giving my team instructions. The reason for this is when you give i...