I currently live in California. Currently, Single-Family homes are in great demand. Houses are getting sold 50-60k (sometimes 100k) above the market price.Since I cannot bid higher than the market rate, I'm thinking o...
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Are local investors waiting on the sideline until some of the uncertainty associated with COVID subsides?
Has anyone seen significant price reductions for properties left on market? If so, would you be comfortable ...
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Hey BP,
Looking for a little advice on this property. Its in east Columbus where a lot of investors seem to be focusing. I’m curious if I’m speculating too much or if my lack of experience is showing. My plan is to u...
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I just moved to Tampa, FL, started a new job as a real estate agent, and am loathing paying rent, because it's nearly $2k a month I will never see a return on. I don't qualify for a traditional loan, because of the la...
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Hello BP members, i know this has been asked so many times but i will like another insight to help me make the right decisions.
Here's my situation:
Debts
$127K loan @ 16.99% for an investment property rehab - $19...
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Hello! My wife and I bought our first home in San Tan Valley in Oct 2021 and are likely going to be moving this fall. We will be moving to Kentucky, too far away for me to manage the rental. I have no clue where to st...
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Hi all,Last year I was able to flip a house, but mostly Iv been investing out of state (or house hacking) since Iv found it difficult to find deals in SLC.However, this year I want to focus more on local deals and try...
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Scenario:Single-family home purchased for 49K. Rehab: 25kIf we sell for 95k and want to 1031 exchange does the next property have to be more than selling price or does it simply have to be more than original purchase...
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The more I get into this, the more appealing it sounds, but I'm still cloudy on some concepts. This is regarding balloon payments.So say you and the seller agree to begin this transaction and are discussing the type o...
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my husband and I considering a brrrrr property and there is water in the basement and nary a sump pump to be found. All of the other homes I have visited this age have had them in place - but I know little about them...