November last year, I bought a vacant 9 unit for $210k, put in $40k to renovate and after fully leased, it appraised for $440k. In April, I pulled out 80% or $318k and used $200k to pay off the private loan of the 9 u...
Hi all! New to investing and am really excited to get into it. I’ve been a lurker of BP for years and have never had the guts to do it. I am living out of NYC and have the opportunity to travel a bit more as I work...
Hi, I'm wanting to do my due diligence so i can choose a turnkey company. Looking at Norada and Rent to retirement to facilitate my first purchase out of state. (I live in California) But I'm pretty unclear on how to ...
I wanted to share some of my recent progress. I found BP about 2yrs ago. Didnt have any experience in RE but I had a feeling it was something I could figure out.I listen to the podcasts read the books like everyone ...
The Washington Post recently published an article outlining four reasons why single family home investments are better than apartment complexes. They are summarized below as more favorable financing, easier to sell, m...
Hi All,
I need your help, I am taking a Real Estate Class and have to interview a Real Estate Investor and if you have the time to answer these questions, I would greatly appreciate it.
Why did you become a real est...
Hoping to get feedback from other STR operators. Has anyone hired an admin role that can help with the small operational task like purchases, re-stocking units, checking after cleaners, and any other small task that ...
Hello all, I am curious as a real estate investor, what you guys are seeing in the market and how it will affect REITs. I know this is a "own and operate" forum mainly, so if it's not an appropriate topic, feel free t...
Hi,
We've purchased a 2 unit fixer in cash as an investment but can not get a loan for remodeling it even though we have equity in the property. We own a primary residence on which we make mortgage payments. The re...
I need advice badly. My husband passed away so my W2 income is now half what it was. I have 2 single family rentals and a duplex. Plus my personal home. We never started an LLC. I spoke to Wells fargo about cash out...