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I'll try to be brief, here's the background;Last week I was shown a 40 unit complex which I'm very interested in; at the moment I'm waiting on the rent rolls, but even if the pro-forma is off by ~10% it still looks li...
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Our mortgage broker "forgot" to mention closing cost (our bad for not doing thorough enough investigating and researh, AND now trust is a bit fractured) - I'm wondering (I've gotten 5 calls this morning from mortgage ...
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We’re now into STR for a few months and have learned a few things to make the process more automated. I’ve already got it to a point where I am pretty much hands off. Mind you… we have one property. Before I get to my...
Hi all,New to BP but incredibly excited about the community here and have been reading through the list of BP books. I have always been very diligent about maximizing retirement and savings with my W2 job but I’m real...
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Hey Guys and Gals!So I'm looking to purchase my first piece of investment real estate. Originally I wanted to flip but now becoming more interested in buy hold rent. I typically only look at distressed foreclosed prop...
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Looking for suggestions/recommendations for locating mom/pop owned multi-family apartment buildings. Can you purchase lists of these owners? If so, do you recommend a reliable source? Any other resources for findin...
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Hello,
Anyone that has an STR in the Destin area can you please provide information. I see homes and condos available in the area. What are the pros and cons of owning a condo or home in the area for a STR.? It seem...
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Here's a very interesting article that predicts massive job losses in 2009 will cause housing prices to continue to decline. That will mean that 2009 is a bad year to buy a house as the buyer could be upside down soo...
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In Southern Minnesota town where we own 4 houses, there is an 8 unit, actually 2 four unit buildings on one lot, built in 1978, 3800 square feet per building, each with 3 2br and one 1br.Asking price is $300K. This t...
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I am hoping to get some insight from the PROs about wholesaling. I am a newbie wholesaler, however, I am also looking to do a few buy and holds this year. The reason I need to find my niche in wholesaling is because d...