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Greetings!
I'm currently serving on active duty in the Air Force at Whiteman AFB, MO (about 1 hour east of Kansas City). My enlistment ends in May, 2008, so I will be moving to the Destin, FL area at that time.
My f...
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I’m 32 years old, and a full time teacher. My wife and I own two investment properties with $224k in equity that are currently cash flowing $800/mth after all expenses and after accounting for vacancy/maint/capex. Our...
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The Section 8 tenant who has lived in my rental for two years has given notice, and in addition to the usual maintenance to make the single-family rowhouse ready for next tenant I'd like to make a couple of important ...
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I've been looking for my first out of state BRRR deal in Kansas City and since I don't know the area very well I think I'd prefer to have extra help for my first deal. I have an $82k HELOC and my main goal on my first...
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Hi BP,I found an 8-unit apartment building for sale by owner on craigslist. I've been studying real estate and reading/listening to BP for about a year and a half, but have yet to do an actual deal. I wanted to run ...
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This is the last thing I wanted to have happen, but I need to get out of this contract. I couldn't find an investor to assign the contract to, and now I'm supposed to close on May 14th for $14,000 plus closing costs. ...
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Hi everyone, I have been reading books, blogs, attending webinars for about 3 months now. My goal is to buy my first property by year end. I obtained pre approval for an investment property and talked to a real estat...
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Hello All! My grandfather recently passed and my (paternal) grandmother is looking to sell her home. My mother lives on a fixed income and is currently renting an apartment. My plan is to move my mother into my grandm...
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Hello BP community,
As a new investor, I feel like a core pillar upon which success is built in real estate from what I have seen from other experts in this forum is being able to determine acceptable risk for a dea...
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Generally investing in apartment in bigger city has a low cap rates and higher asking price.
Despite the low cap rate <4.5% ,is it advisable to invest in such apartments for long term investment?
Some investors sti...