My wife and I have been researching and visiting small multi-family properties in the Worcester, MA area. We're finding opportunities in the lower income areas but it seems most, if not all, barely meet the 1% rule......
Hello BP,
I joined this week and new to real estate investing - rental is the way I want to go. I found a 8 unit apartment building $400k and have about 40k to use. Learned at the webinar this week that I need 20% ...
Greetings, I recently sold my first home last week using a realtor. The paperwork was completed, signed, notarized by both parties and I receive my wire transfer on Monday as the closing was on a Friday after hours. F...
Hello everyone.We have a great realtor that we work with, but we are also interested in making an offer for a house that is not currently on the MLS or up for sale even. I know that people do this everyday, but I want...
Hi BP,Just wanted to start out on how thankful I am to this site and everyone on it. Last year at this time I would of never guessed that I would be a landlord right now. A little background how this is even possible ...
My daughter is going to college this fall. I'm exploring RE strategies in her college town for the next 4 years and potentially beyond. I can't seem to find anything in past posts. Options that came to mind:
1) buy a...
I’m just getting started in my REI journey after nearly a year of analysis paralysis. I’m an engineer by degree but always wanted to get into REI and get out of the rat race. My hometown of Aurora, IL is where I have ...
I want to ask everyone in here what they would do if I had given them $20,000.
This could be answered 100 different ways and quite frankly I would love to hear all 100 answers.
Try to be as specific as possible, don...
I've been presented an opportunity to purchase 12 non-performing notes for some duplexes. My question is what could I anticipate the cost being to foreclose on these notes? They are individual loans but are all owne...
I'm looking at a property in Philadelphia that would need a full gut rehab. I want to BRRR it. Purchase price is 99k, renovation cost is ~100k. ARV maybe 270-280k. My question is regarding the appraisal value. It's lo...