Proud to announce we purchased our first multi-family home (triplex):-Purchase price: $320,000-Needs some improvements in each unit (kitchen, bathroom cosmetic modernization) likely to be in the neighbourhood of $20,0...
Hey folks!Still pretty new to BP but have been thrilled to see how much knowledge and wisdom is out there. I have a steady W-2 with no intentions of leaving the job I love, but am ready to dive into real estate. My jo...
Hey BP investors!Have any of you invested in the smaller towns of NE Colorado? Fort Morgan, Brush, Sterling, etc. Properties are lower cost with lower gross income but cashflow is still possible. The great concern is ...
I live in California and I own a property in Texas that is currently being rented out. The tenant wants to purchase the property from me and understands that in doing a Private Loan the interest may be higher than get...
Howdy!
I just closed on my second house in Central Arlington TX. Purchase price was 92k, putting 32k into it. Doing a hard money loan so we put 21k down at closing. ARV 155k, planning on refinancing and renting hope...
I'll be concise. Looking to buy a MFH in the $450k-$500k range in north San Diego. It will be owner-occupied. I have been W-2'd for 13 years, but the last 2 couple of months started consulting and am now a 1099 con...
I am trying to understand what would convince a seller to accept a sub2 agreement aside from being offered more money for property and favorable terms? If I understand correctly, a deed is transferred to buyer, but th...
Passing on some information for all Los Angeles Property owners subject to Rent Increate. Here is a document I found that details acceptable reasons for rent increase. Including your tenant adding another resident t...
I recently had a client who put in offers every weekend for a month and just got terribly burned out and ended up quitting. As a noob in the business I am wondering what all the pros out there would do to try and pre...
Hi. So I am looking into investing in a multi-family property in Texas and I am looking at both the Dallas metro area and Houston markets. In my research it appears that the Dallas area may be for popular and prices ...