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I would love to hear an update on everyone's sentiment on the current housing market. In the last few weeks it seems as though the media is turning away from being bullish. The cost of material is up quite a bit from ...
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My wife and I just submitted an offer on a house here in Spokane that is being offered as a short sale. This would be our first home. The homeowners have a medical hardship and the bank, Ocwen, owns the first and se...
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I put a piece of land under option and went through the whole process of getting quotes for everything for a 36 unit condo project. Below are the numbers I came up with. I have no idea how to make money in developme...
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Hi all, I'm looking to purchase a rental in Detroit. It's in the 48238 zipcode, close to the University District and Marygrove College. It's a 3/1, 1400 sq feet and renovated. It's about $35k, all brick, no central A/...
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Hello,I would like your help in analyzing the long term investment potential of either A. Holding the rental unit or B. selling it and diversifying my assets.Background: 3 Years ago I decided to hold onto a condo I ow...
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I’m currently renting my residence and am splitting rent ($1450) with my girlfriend. As much as I hate to give my money to a land lord and miss out on any equity build up through loan pay down or appreciation, there a...
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I have been researching many deals in the MF space but every time I run the numbers, I get Cash-on-Cash returns numbers that just doesn't make any sense. Here's one deal that I would like to get some perspective from...
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Trying to wrap up my first flip. I've learned a lot throughout the process. My latest lesson regarding the appraisal. Turned the house into a beauty. But now my asking price is 30k higher than the appraisal! The buyer...
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I am meeting with an 82 yr old lady in a couple days to begin discussions of owner financing her five paid for duplexes. She's had them over 20 years. She's been managing them for the most part for the last 6 years. S...
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Hey BP,I am really curious to hear what others have done on the side to earn money for the down payment on houses. I am looking more and more into side hustles that I can do to create a nice sum of cash to put into an...