Greetings my fellow BP colleagues,I currently have a place that I am interested in that is listed at $52K and is turnkey (recently renovated) with rent going for $800. At that asking price and rent the CAP rate is 18%...
Hello BP, Ive been marketing for motivated sellers lately and I got a call from a women who needs to sell her house fast but I don't know how I can structure a deal with her. The house she is looking to sell is in pre...
We are working on a higher end flip (finished price of $525K which is above average for Baltimore Co) in a very solid family neighborhood. Our house lacks curb appeal. We plan to paint, put on new shutters, remove the...
Hi All, So I had this property passed to me by a friend who is handling a couple of the units. I personally don't see anyway to make the numbers work but would love for anyone to take a crack at it. The posting is be...
Hi I have read soo many inspirational posts that gave me the push to stop bring scared and listening to others. I decided hey let me get started. Rentals was the first thing that caught my eye. I started a LLC for lo...
I'm having a REALLY hard time finding homes to flip in the San Francisco Bay Area and am not sure what to do. Working with wholesalers could be the answer but the ones that have brought me deals in the past were all a...
The Camelot area in San Antonio has historically been a high crime area covered in huge piles of trash. However, I have been seeing quite a bit in the news about the area being gentrified recently.
I am a newbie so...
Hello Everyone!If you were buying property to hold and make residual income from, what questions would you have? - Questions for your Realtor?- Questions for the Seller?- Questions for your CPA- Questions for Apprais...
Hey BP! Any private money lender you would recommend that services RI? TIA : )
I am currently going to be attempting to do a owner finance with one of my close friend's father. We have had a good relationship for over 30 years. He owns the property free and clear. This one is a SFR, currently...