Hi, name is Mike.
I've been looking for M/F (3-6 units) for about 12-18 months. I'm looking to finance the purchase for as little down as possible (25% down is what I'm counting on for investment properties)...
Hello all, thank you for taking the time to read this. Here is my issue in a nutshell. I am new to real estate investing and am currently on my path to getting my finances in order so that I can position myself to be ...
So I am going to look at a 3 family property this evening that is completely gutted, the owners started the rehabbing then ran into financial problems and want to sell it now.
The listing states the following:
Perfe...
Hello
First post here after lurking in the shadows for a short time reading all the fantastic posts. Great site!
I'm currenty working on my 1st short sale. I'm putting together my package to send to the homeowners ...
I've found what may be a deal. Part of the seller's motivation is that his tenants (family members) aren't paying their rent and are refusing to leave, even when offered forgiveness for due rent. He is currently in th...
I just bought some tenants occupied investment condos two wks ago. While I was chatting with a few tenants in the community this afternoon, I was told that they all suspect one of the units are having drug related act...
Hey MN BP!I recently bought a small house in the Old Shakopee area and I would love to get your recommendations for local contractors and handy-persons who could help me. The main fixes are:Electrical: A prior owner...
I have been approached by a great Construction Co. in reference to doing a JV on some flips in my area. He's seen what Ive been doing in my area and wants in. We briefly discussed it...nothing in depth. Im used to doi...
A Blog on BP gave the following example:The after repaired value (ARV) of a potential property is $200,000 and you can purchase it for $100,000 and it needs $30,000 in repair costs. In addition you have to consider th...
Well, I listed a property with an agent with the main purpose of saving myself time and headache.I live in the same neighborhood where the listed property is and 3 times now the sign has been down. The first time, I p...