Hello everyone im a newby, this is my second investment property.I’m using a heloc from my primary residence to buy an investment property for $145k and I’ll use my own cash for the $15k in renovations. And the ARV wi...
Hey BP community,My partner and I just purchased our first buy-and-hold property. It's 3 units and is under renovation right now. We are expecting our first renters to move in by March 2015. It's currently under hi...
Hello Fellow Investors,I am looking to acquire more long-term rental properties. I would like to ask the following:1. Which markets (Cities, States, Counties) are producing the highest cash flow while keeping purchase...
BP friends, I need your advice and input please. I have set aside $2,000 dollars for a direct mail campaign (my first ever as an investor) and any guidance, things to look out for, cost cutting tips, etc, that you wou...
During our pre-scheduled quarterly inspections, most of our tenants just go about their usual activities—cooking, watching TV, working, etc.—and don’t get in the way. However, we’ve had some different behavior from a ...
I am a physician. For years, I owned and self-managed or had a property manager for up to 5 SFR at a time. After a divorce, I sold all 5 properties and made money (1 was basically break-even). However, managing was ti...
Brand new to BP, just getting started with RE investment and am looking to invest in multifamily, duplex/triplex eventually once I have solid understanding of it. In the meantime, I would like to have some passive inv...
What Is A Double Closing?
A double closing or simultaneous closing as it is sometimes called is when you (the buyer) actually take title to the property just before you sell it. This means that your name or the name...
I am currently selling my house, and I have a 5% commission on it. My realtor says that maybe I am not getting as many people coming or an offer because of my commission percentage. In you experience, do you think i...
I’ve been flipping/developing for 6 years in the Minneapolis area. However, I’m currently in the midst of the biggest acquisition slump of my career. I’ve always been diligent with my mailings, but in this (unsustai...